The Online Investor
Daily M&A
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Wed., May. 1, 11:41 AM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #94. Interserve Holdings Limited Willbros Interests in Oman

Acquirer: Interserve Holdings Limited
Acquiree: Willbros Interests in Oman (WG)
Details: Willbros Group, Inc. (NYSE: WG) announced today that its subsidiary, Willbros International Finance & Equipment Limited, has signed a definitive Share Purchase Agreement and has completed the sale of all of the Company's interests in Oman to Interserve Holdings Limited, a subsidiary of Interserve Plc, a U.K. company traded on the London Stock Exchange, (the "Buyer"). The Buyer purchased Willbros Middle East Limited, a subsidiary of Willbros that owns its interest in The Oman Construction Company. The all-cash transaction generated net proceeds to Willbros of over $36.0 million after transaction-related costs. The transaction was approved by the Boards of both Willbros Group and Interserve.



Open the WG Page at The Online Investor »

Company Name:  Willbros Group Inc (DE)
Website:  www.willbros.com
Sector:  Oil & Gas Equipment & Services
 

Open the WG Page at The Online Investor (in a new window) »

May 1, 2024    11:41 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree WG Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Hold (2.00 out of 4)
69th percentile
(ranked higher than approx. 69% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Oil & Gas Equipment & Services M&A - Slide 94 of 100 | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.