NOV to acquire Vallourec Drilling Products for $63 million

Vallourec received a binding offer from NOV to purchase its Vallourec Drilling Products business for $63 million cash. The deal covers industrial activities in North America, the Middle East, the Netherlands, and France (Aulnoye-Aymeries plant).

“Vallourec announces that, after negotiations run with the US oil services company NOV, it has received a binding offer for the purchase of Vallourec Drilling Products business, for a total cash amount of US$63 million.”rogtecmagazine.com

• 1 source
• rogtecmagazine.comNOV: To Acquire Vallourec Drilling Products for $63m - ROGTEC MagazineDoug RobsonDec 18, 2017

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