TGS and PGS to merge to create full-service energy data giant
TGS ASA and PGS ASA announced that they have agreed on the principal terms for a merger, aiming to create a powerful full-service energy data company. As per Norwegian corporate law, the merger consideration for PGS shareholders will be 0.06829 ordinary shares of TGS for each PGS share. Post-merger, TGS and PGS shareholders will own […]