EIG to take over Brazilian offshore player Ocyan in $390m deal

US-based institutional investor in the global energy and infrastructure sectors, EIG, has sealed a deal with Novonor and Brazilian Development Bank to acquire Brazilian offshore service provider Ocyan for $390m. The deal includes $283m for Novonor’s 100% equity interest and the remaining amount for liquidation of its outstanding balance of non-voting securities related to Ocyan. …

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