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Prosafe appeals rejection of merger in Norway

Prosafe has now appealed the decision from the Norwegian Competition Authority, which rejected Prosafe's merger with competitor Floatel three weeks ago. The merger would create the world's largest fleet of accommodation rigs.

Photo: PR / Prosafe

Prosafe has, as expected, appealed the decision by the Norwegian Competition Authority to reject a merger with competitor Floatel.

The authority on Oct. 28 rejected the merger between the two companies, arguing that a merger would reduce competition in the market for accommodation rig leasing in Norway.

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