Oslo-listed Siem Offshore is closing in on a long-term financial restructuring that will almost wipe out existing shareholders. European lenders will own 96%
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Kristian Siem loses control of Siem Offshore as banks move in
Siem Industries will see stake cut to 30% in huge $1bn debt deal with European lenders
22 January 2021 7:57 GMT
Updated
22 January 2021 13:45 GMT
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