SBM Offshore announces the completion of the Share Purchase Agreements with Sonangol
SBM OFFSHORE NV ORD (SBFFF)
NASDAQ:AMEX Investor Relations:
sbmoffshore.com/investor-relations-centre
Company Research
Source: GlobeNewswire
June 11, 2024 SBM Offshore is pleased to announce that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed the sale of all its shares in the parent company of the Paenal shipyard in Angola to a subsidiary of Sonangol EP. The acquisition of the shares from Sonangol EP brings SBM Offshore’s ownership in the entities owning the FPSOs Saxi Batuque and Mondo to 100% and in the entity owning the FPSO N’Goma to 80%. The operating companies in Angola will be wholly owned by SBM Offshore after the acquisition. The total net consideration paid for the equity ownership of the acquired entities by SBM Offshore and including the sale of the parent company of the Paenal shipyard is approximately US$40 million. In addition, SBM Offshore has signed an MOU with its minority partner (Angola Offshore Services Limited, “AOSL”) in the FPSO N’Gom
Show less
Read more
Impact Snapshot
Event Time:
SBFFF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBFFF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBFFF alerts
High impacting SBM OFFSHORE NV ORD news events
Weekly update
A roundup of the hottest topics
SBFFF
News
- SBM Offshore reserves Fast4Ward® hull for the Block 58 developmentGlobeNewswire
- Weekly share repurchase program transaction detailsGlobeNewswire
- Weekly share repurchase program transaction detailsGlobeNewswire
- Weekly share repurchase program transaction detailsGlobeNewswire
- Weekly share repurchase program transaction detailsGlobeNewswire