Edition:
United States

Saipem focusing on tie-ups with other players for drilling business


Thursday, 18 Apr 2019 04:12am EDT 

April 18 (Reuters) - Saipem CEO Stefano Cao tells analysts at first quarter results conference call::NOT CONSIDERING ANY TRADE SALE FOR DRILLING BUSINESSES.FOCUSING ON OTHER OPTIONS FOR DRILLING SUCH AS COMBINATIONS, ADDING SHAREHOLDERS.IPO OF DRILLING BUSINESS UNLIKELY NOW, BUT COULD BE CONSIDERED AFTER COMBINATION WITH OTHER OPERATORS. 

Company Quote

3.943
0.001 +0.03%
24 May 2019