(Reuters) - British oilfield services company Petrofac Ltd
Petrofac, which is being investigated by Britain's Serious Fraud Office (SFO) for its dealings with Monaco-based Unaoil, has been struggling to reduce its $1 billion debt pile.
Petrofac and Bain were not immediately available for comment.
The Telegraph reported last month that U.S. oilfield services companies Schlumberger
Petrofac has lost about half its value since May, when the SFO had commenced an investigation into the company and its units, and has a current market capitalisation of 1.45 billion pounds ($1.94 billion).
Shares of the company were up 1.6 percent at 423.3 pence in early trading.
($1 = 0.7472 pounds)
(Reporting by Arathy S Nair in Bengaluru, editing by David Evans)