P and O expands
P and 0 will extend its major commitment in the offshore oil and gas logistics support field, and is making an offer for new shares which will represent 44 per cent of the enlarged share capital of the International Hydrodynamics Company of Vancouver (Hyco), which specialises in the design, manufacture and operation of small submersibles for undersea work of all kinds. The offer is valued at £340,000. The current net asset value of Hyco is just under slm.
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Bibliographic details
Press, Volume CXIII, Issue 33251, 14 June 1973, Page 19
Word Count
82P and O expands Press, Volume CXIII, Issue 33251, 14 June 1973, Page 19
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