TGS to Buy Magseis Fairfield in NOK 2.33 Billion Deal

• (PLX AI) - TGS ASA and Magseis Fairfield ASA Announce a Recommended Voluntary Exchange Offer by TGS to Acquire All Shares of Magseis.
• • TGS says consideration to the Magseis shareholders in the form of 0.0426 ordinary shares of TGS and NOK 2.30 in cash
• • TGS says value of the Offer Consideration is equal to NOK 8.6048 per Magseis share
• • TGS says value of the Offer approximately NOK 2,333 million