Home/Tag: HC2 Holdings

J.F. Lehman & Company Acquires Global Marine Group

J.F. Lehman & Company Acquires Global Marine Group J.F. Lehman & Co. Press Release March 2, 2020 Global Marine Group (“GMG” or the “Company”), a leading provider of subsea cable installation and maintenance services to the telecommunications, offshore renewables, utility and oil & gas markets worldwide, is pleased to announce an affiliate of J.F. Lehman [...]

Hengtong to Buy Huawei Marine Networks

Hengtong to Buy Huawei Marine Networks By Stephen Hardy, Lightwave November 4, 2019 HC2 Holdings, Inc. (NYSE: HCHC) says its Marine Services Segment, Global Marine Group (GMG), has agreed to sell its 49% stake in Huawei Marine Networks Co., Ltd. to Hengtong Optic-Electric Co Ltd. for approximately $140 million. HC2 also stated that Hengtong has [...]

2019-11-05T13:52:13-05:00November 5th, 2019|Categories: State of the Industry|Tags: , , , , |