April 25, 2018 / 11:38 AM / a month ago

BRIEF-Subsea 7 re-affirms its proposal to acquire McDermott

April 25 (Reuters) - Subsea 7 Sa:

* SUBSEA 7 RE-AFFIRMS ITS PROPOSAL TO ACQUIRE MCDERMOTT

* SAYS IS OPEN TO CONSIDERING AMENDING ITS PROPOSAL IF IT CAN DISCOVER ADDITIONAL VALUE THROUGH DISCUSSIONS WITH MCDERMOTT MANAGEMENT TEAM

* MCDERMOTT BOARD REJECTED SUBSEA 7’S UNSOLICITED OFFER WORTH ABOUT $2 BILLION ON APRIL 20 Source text for Eikon: Further company coverage:

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