Nabors Industries agrees to acquire Parker Wellbore in share deal

Nabors Industries has signed a definitive agreement to acquire all shares of Parker Wellbore in exchange for 4.8 million Nabors common shares, subject to a share price collar. Parker provides downhole tubular rentals and drilling services, including 17 drilling rigs.

“Nabors will acquire all of Parker's issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar.”investor.nabors.com

• 1 source
• investor.nabors.comNabors Industries Announces Agreement to Acquire Parker Wellbore - Oct 15, 2024Oct 15, 2024

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