oceaneering intl inc (OII:New York)
Transactions by OCEANEERING INTL INC (OII) in the last 6 months
Oceaneering International, Inc. (NYSE:OII) entered into a definitive agreement to acquire C & C Technologies, Inc. for approximately $230 million in cash on February 2, 2015. C & C Technologies will retain its name and continue to be headquartered in Lafayette, Louisiana. Oceaneering also announced that Thomas Chance, Co-founder and President of C & C, has agreed to remain with the company for at least a year, to facilitate a smooth transition. The transaction is subject ...
General Electric Company (NYSE:GE) signed an agreement to acquire the Subsea Electric Actuator product line from Oceaneering on December 16, 2014. Once the acquisition closes, Oceaneering’s Stavanger, Norway-based engineering team dedicated to the Subsea Electric Actuator product line will join GE Oil & Gas, transitioning into the Subsea Systems business that also has operations in Stavanger. The transaction is subject to standard regulatory approvals and is expected ...
Oceaneering International, Inc. (NYSE:OII) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares on a discretionary basis, representing 10% of its outstanding shares. The repurchases will be made in open market or in privately negotiated transactions from time to time in compliance with applicable laws, rules and regulations, including Rule 10b-18 under the Securities Exchange Act of 1934, as amended, subject to ...
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