BW Offshore Targets First-Quarter IPO For Oil Subsidiary

By Tom Zanki (January 15, 2020, 3:40 PM EST) -- Norweigan energy services provider BW Offshore Ltd. said Wednesday it plans to spin off its oil and gas unit BW Energy Ltd. through an initial public offering in the first quarter of 2020 that is expected to value the subsidiary at up to $800 million....

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