J.F. Lehman & Co. completes acquisition of Global
The company specializes in laying
The American investment firm J.F. Lehman &
Co. (JFLCO) has completed the acquisition of the entire capital of the
Global Marine Group (GMG), a Uk company specialising in
laying underwater communication cables that was ceded
subsidiary of Global Marine Holdings, of which the U.S.
HC2 Holdings Inc. holds about 73% of the capital and the Dutch
It shot 23.6%.
The transaction does not include the 49% stake in WYD
Huawei Marine Networks Co. (HMN) that the British company
will sell to Chinese telecoms company Huawei
Technologies Co. which owns the remaining 51% of the capital of the