Swiber Says Considering Legal Action Against AMTC

Corrected
  • Interim manager says AMTC has failed to uphold planned deal
  • Private equity firm had agreed to inject $200M into Swiber

Swiber Holdings Ltd.’s interim judicial managers said the troubled Singaporean company is studying legal action against AMTC, after the London-based private equity firm failed to follow through on a planned $200 million investment in the oil services firm.

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