latest news releases from the newsroom
Koebenhavns Lufthavne A/S
Copenhagen Airports A/S Sells Part of Its Ownership in ASUR
COPENHAGEN, Denmark, June 20, 2007 (PRIME NEWSWIRE) -- As a part of Copenhagen Airports A/S's ("CPH") strategy to focus its activities on the development and operation of the airport in Copenhagen, CPH announced on 30 March 2007 (announcement 2007/5) its intention to divest up to a 6.10% interest (out of its total 9.85% interest) in the listed Mexican airports operator Grupo Aeroportuario del Sureste, S.A.B. de C.V. ("ASUR") in connection with a public offer for 42.65% of the shares in ASUR made by our local Mexican partner, Mr. Fernando Chico Pardo ("FCP"). ASUR is listed on the New York Stock Exchange and on the Mexican Bolsa.
Petroleum Geo-Services ASA
Petroleum Geo-Services ASA Acquires EM Company MTEM Limited
OSLO, Norway, June 20, 2007 (PRIME NEWSWIRE) -- Petroleum Geo-Services ASA ('PGS') (OSE:PGS) (NYSE:PGS) announced today that it has entered into a definitive agreement to acquire MTEM Limited ('MTEM'), a provider of electromagnetic (EM) services used to detect the presence of hydrocarbons, for a price of US$275 million on a debt free basis. US$18 million of the purchase price is to be settled in PGS shares. A total of US$18 million of the total consideration (US$9 million of each the cash and share consideration) will be paid over time as deferred payment to management shareholders.