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CGG Exits its Safeguard Plan by Anticipation
Paris, France | Nov 25, 2020
By a ruling issued on November 24, 2020, the Commercial court of Paris acknowledged completion of CGG’s safeguard plan, following the early settlement in full of all its creditors.
This ruling puts a definitive end to the financial restructuring process successfully run by the CGG Group since 2017.
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).