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Saipem's rights issue to ride oil storm

reuters | 29 Oct 2015, 04:16 pm
Saipem will ask investors for up to 3.5 billion euros ($3.86 billion) of fresh capital to weather the oil service recession. As Ciara Lee reports the CEO of the Italian oil contractor is confident he can plot a path to recovery as main investor Eni SpA takes a step back.

Saipem's rights issue to ride oil storm

reuters
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