CGG files for bankruptcy protection

CGG files for bankruptcy protection
French geophysical services company CGG has moved to implement a pre-arranged restructuring, with the company filing for Sauvegarde (safeguard) proceedings in France and certain subsidiaries filing for Chapter 11 in the US. The company says it will now seek a restructuring agreement with the required majority of creditors subject to approval by shareholders. The restructuring […] ... read more
Source: Splash 247Published on 2017-06-16

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