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Home » News » Subsea 7’s Acquisition Offer for DOF Group ASA Remains on the Table Amidst Rejection by Board
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Subsea 7’s Acquisition Offer for DOF Group ASA Remains on the Table Amidst Rejection by Board

By Don PadillaJune 19, 20232 Mins Read
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Credit: DOF Subsea
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Subsea 7's bid to acquire DOF Group ASA, a Norwegian shipping supply group, remains on the table until the end of the day, as confirmed by the company. This announcement comes after DOFG's board rejected the offer on Friday, stating that the proposed price of NOK35 per share fell below their equity valuation expectations for

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