{"id":508611,"date":"2021-07-01T01:33:08","date_gmt":"2021-07-01T05:33:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\/"},"modified":"2021-07-01T01:33:08","modified_gmt":"2021-07-01T05:33:08","slug":"cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\/","title":{"rendered":"CGG: CGG Announces the Closing of the Sale of  the Multi-Physics Business on June 30, 2021"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>CGG Announces the Closing of the Sale of <\/strong>\n      <\/p>\n<p align=\"center\">\n        <strong>the Multi-Physics Business on June 30, 2021<\/strong>\n      <\/p>\n<p>\n        <em>Paris, France \u2013 July 1st, 2021<\/em>\n      <\/p>\n<p align=\"justify\">CGG announced today that effective July 1, 2021 the Multi-Physics business except its processing and multi-client library, has been sold to Xcalibur Group, subsequent to receiving approvals by the competent regulatory authorities.<\/p>\n<p>\n        <strong><br \/>\n          <strong>About CGG<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p>\n        <em>CGG (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=j3V0o1dpvvvoUBJUpHPOcuVbEJB17Y5jLeIlqmAJxpCnBNYRzpHkn6enV8DtkxzvY1ALGnIs_X6hATiwjfzs3Q==\" rel=\"nofollow noopener\" target=\"_blank\">www.cgg.com<\/a>) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>Contacts<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:574px;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:300px;width:300px;min-width:300px;text-align: justify;vertical-align: middle;text-align: justify;vertical-align: middle;text-align: justify;vertical-align: middle;text-align: justify;vertical-align: middle;text-align: justify;vertical-align: middle;text-align: justify;vertical-align: middle;vertical-align: top;text-align: justify;vertical-align: middle\">\n            <strong>Group Communications &amp; Investor Relations<br \/><\/strong><br \/>\n            <br \/>Christophe Barnini<br \/>Tel: + 33 1 64 47 38 11<br \/>E-Mail: <a href=\"mailto:christophe.barnini@cgg.com\" rel=\"nofollow noopener\" target=\"_blank\">christophe.barnini@cgg.com<\/a><\/p>\n<p>\u00a0<\/td>\n<td style=\"max-width:274px;width:274px;min-width:274px;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a href=\"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/b35fe283-3b5d-4405-b6fe-530b2e7e0bd6\" rel=\"nofollow noopener\" target=\"_blank\">CGG &#8211; Press Release pdf version<\/a>\n        <\/li>\n<\/ul>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDUxMzY5NCM0MDA5NzUyMDEjMTAxMTE4MQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml-eu.globenewswire.com\/release\/track\/4d78aae5-0fa0-43b5-9e12-f83e774ba1b0\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021 Paris, France \u2013 July 1st, 2021 CGG announced today that effective July 1, 2021 the Multi-Physics business except its processing and multi-client library, has been sold to Xcalibur Group, subsequent to receiving approvals by the competent regulatory authorities. About CGG CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864). Contacts Group Communications &amp; Investor Relations Christophe BarniniTel: + 33 1 64 47 38 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CGG: CGG Announces the Closing of the Sale of  the Multi-Physics Business on June 30, 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-508611","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CGG: CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CGG: CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021 Paris, France \u2013 July 1st, 2021 CGG announced today that effective July 1, 2021 the Multi-Physics business except its processing and multi-client library, has been sold to Xcalibur Group, subsequent to receiving approvals by the competent regulatory authorities. About CGG CGG (www.cgg.com) is a global geoscience technology leader. Employing around 3,700 people worldwide, CGG provides a comprehensive range of data, products, services and solutions that support our clients to more efficiently and responsibly solve complex natural resource, environmental and infrastructure challenges. CGG is listed on the Euronext Paris SA (ISIN: 0013181864). Contacts Group Communications &amp; Investor Relations Christophe BarniniTel: + 33 1 64 47 38 &hellip; Continue reading &quot;CGG: CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-01T05:33:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDUxMzY5NCM0MDA5NzUyMDEjMTAxMTE4MQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CGG: CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021\",\"datePublished\":\"2021-07-01T05:33:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\\\/\"},\"wordCount\":134,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMDUxMzY5NCM0MDA5NzUyMDEjMTAxMTE4MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cgg-cgg-announces-the-closing-of-the-sale-of-the-multi-physics-business-on-june-30-2021\\\/\",\"name\":\"CGG: CGG Announces the Closing of the Sale of the Multi-Physics Business on June 30, 2021 - 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