CGG Press Release
PARIS, Nov. 20, 2014 (GLOBE NEWSWIRE) --
CGG confirms having been approached by Technip in an unsolicited manner in respect of a potential combination.
CGG has considered that the conditions to pursue were not met.
CGG ( www.cgg.com ) is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary business divisions of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation.
CGG employs over 9,500 people around the world, all with a Passion for Geoscience and working together to deliver the best solutions to its customers.
CGG is listed on the Euronext Paris SA (ISIN: 0000120164) and the New York Stock Exchange (in the form of American Depositary Shares. NYSE: CGG).
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Press Release - pdf version http://hugin.info/142000/R/1872964/659473.pdf