Kristian Siem’s Subsea7 pulls DOF takeover offer with ‘constructive dialogue’ broadside at the board

Company ‘not prepared’ to amend its initial buyout bid, it claims just days after initial approach.

Leading light: Subsea 7 chairman Kristian Siem.
Leading light: Subsea 7 chairman Kristian Siem.Photo: KAIA MEANS/UPSTREAM
Published 19 June 2023, 06:39Updated 19 June 2023, 14:40