Offshore accommodation giants Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed merger of the two companies amid concerns raised by competition authorities in the UK and Norway.
According to Prosafe’s statement on Thursday, Prosafe and Floatel International have agreed to extend the long stop date in the share purchase agreement from December 31, 2019, until June 30, 2020.
Brazil Energy Insight 
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