France's CGGVeritas to pay $310 million for seismic firm Wavefield

摘要

London-French geophysical giant CGGVer-itas has agreed to buy Norwegian seismic player Wavefield Inseis in an all-stock deal worth $310 million to expand its fleet of seismic vessels, the company said November 10.Under the deal, CGGVeritas will offer Wavefield shareholders one newly issued CGGVeritas share for each seven Wave-field shares, valuing the company at $310 million, a 31% premium to Wavefield's closing share price on November 7.