McDermott International Inc. acquires outstanding shares of DeepSea operating companies

McDermott International Inc. acquired all outstanding shares of the DeepSea operating companies. “The acquisition of DeepSea by McDermott enables us to offer a greater number of subsea engineers with broader specialist services to reinforce our own engineering, procurement, construction and installation capabilities in executing subsea projects worldwide,” says Stephen M. Johnson, McDermott chairman, president and CEO.

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