Nabors to acquire Tesco Corporation in all-stock deal

Nabors Industries signed an arrangement agreement to acquire all outstanding shares of Tesco Corporation, with each Tesco share exchanged for 0.68 Nabors shares. The deal values Tesco at $4.62 per share and is expected to close in the fourth quarter of 2017.

“Nabors Industries Ltd. ("Nabors") (NYSE: NBR) is pleased to announce that the company has signed an Arrangement Agreement ("Agreement") to acquire all of the issued and outstanding common shares of Tesco Corporation”investor.nabors.com

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• investor.nabors.comNabors Announces Agreement to Acquire Tesco Corporation in an All-Stock Transaction - Aug 14, 2017Aug 14, 2017

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