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Ezra hires bankers for potential US listing of subsea services division

Published on Jan 17, 2014 11:03 AM

Offshore services provider Ezra Holdings said early Friday that it has appointed J.P. Morgan (S.E.A.) to work with its subsea services division, Emas AMC.

One potential option is to list Emas AMC in the United States, said Ezra in a statement.

The overall aim is to "optimise the international profile and competitive position" Emas AMC, said Ezra.

"The review is intended to unlock value for shareholders and to enhance access to capital," said the statement.

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