Weatherford pumps upOilfield services company to buy two divisions from Canada’s Precision Drilling Ray Tyson Petroleum News Houston Correspondent
Weatherford International, in what analysts called a bold move for the big U.S.-based oilfield services company, has agreed to buy two of Precision Drilling’s major divisions for $2.28 billion in stock and cash, signifying further consolidation of a once floundering industry now revived by the unpre....
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Money-making deal Precision’s international division a carrot 5,300 employees in 25 countries
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