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HC2 Announces Agreement to Sell Global Marine

HC2 Holdings Announces Definitive Agreement to Sell Global Marine Group, Excluding the HMN Joint Venture, for $250 Million HC2 Holdings Press Release January 30, 2020 Inclusive of the HMN Joint Venture, Combined Total Valuation for the Marine Services Segment of $390 Million Net Proceeds Targeted for Debt Reduction at HC2 NEW YORK, (GLOBE NEWSWIRE) -- [...]

2020-01-31T11:43:59-05:00January 31st, 2020|Categories: State of the Industry|Tags: , , |

HC2 Marine Services to Sell Huawei Marine JV

HC2's Marine Services Segment Announces Sale of Huawei Marine Networks Joint Venture HC2 Press Release October 30, 2019 - Sale pegs HMN equity value at $285 million - Global Marine Group’s 49% interest valued at $140 million - HC2 continues to advance strategic alternatives for Global Marine subsidiary NEW YORK, Oct. 30, 2019 -- HC2 [...]

2019-10-30T09:47:29-04:00October 30th, 2019|Categories: State of the Industry|Tags: , , , , |

HC2 to Explore Strategic Alternatives for Global Marine

HC2 to Explore Strategic Alternatives for Global Marine Subsidiary HC2 Holdings Press Release October 22, 2018 Deutsche Bank and ABN AMRO Engaged as Joint Advisors NEW YORK -- HC2 Holdings, Inc. ("HC2") (NYSE:HCHC), a diversified holding company, announced today that it is exploring strategic alternatives, including a potential sale, for its Global Marine subsidiary. As [...]

2018-10-26T10:36:16-04:00October 26th, 2018|Categories: State of the Industry|Tags: , , , |