Saipem sells stake in Haldor Topsoe

Milan, Italy-Saipem, as part of its announced plan to dispose of noncore assets, reports that it has sold its 50 percent interest in Haldor Topsoe A/S to Mr. Haldor Topsoe, for a total value of 340 million euro. Mr. Topsoe already holds the remaining 50 percent interest in the company. Saipem and Haldor Topsoe A/S will continue their long-term commercial relationship, notably in the areas of ammonia and fertilizer.