- Controlling (60%) stake by Fugro in new Seabed Geophysics joint venture with CGGVeritas
- Fugro continues to own multi client library, staff transfers to CGGVeritas
- Global strategic partnership between Fugro and CGGVeritas
- All-cash transaction with closing expected towards year-end 2012
- Transfer of approximately 2,500 Fugro employees to CGGVeritas
- Divestment consistent with strategic objectives
Read the full Press Release in the pdf below.