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CGG SA (GEPH.PA)

GEPH.PA on Paris Stock Exchange

1.89EUR
23 Apr 2018
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Tue, Jan 16 2018

Oil services group CGG issues bullish update, shares rise

PARIS, Jan 16 Oil services group CGG , which is emerging from a debt restructuring plan, on Tuesday reported higher sales in 2017 and forecast a rise in full year earnings, causing its shares to surge higher.

BRIEF-CGG Obtains Recognition Of French Ruling Approving Its Safeguard Plan By US Court

* SAID ON THURSDAY IT OBTAINED RECOGNITION OF THE FRENCH RULING APPROVING ITS SAFEGUARD PLAN BY THE US COURT AS PART OF THE CHAPTER 15 PROCESS Source text for Eikon: Further company coverage: (Gdynia Newsroom:)

BRIEF-Paris Commercial Court to rule on CGG restructuring plan on Dec. 1

* Commercial Court of Paris to rule on CGG's draft safeguard plan - which has been opposed by some bondholders - on Dec. 1

BRIEF-CGG says the general meeting of shareholders has approved the financial restructuring plan

* CGG: The general meeting of shareholders has approved the financial restructuring plan

BRIEF-CGG says shareholders approve financial restructuring plan

* REG-CGG: THE GENERAL MEETING OF SHAREHOLDERS HAS APPROVED THE FINANCIAL RESTRUCTURING PLAN

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