.
MergerLinks Header Logo

New Deal


Announced

Weatherford International to invest in Ardyne.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Integrated Oil and Gas

United Kingdom

Acquisition

Private

energy technologies

Cross Border

Single Bidder

Pending

Minority

Friendly

Synopsis

Edit

Weatherford International, a energy services provider, agreed to invest in Ardyne, a fledgling energy service company. Financial terms were not disclosed. “We are excited about this announcement, as it demonstrates our continuing commitment to innovation and value creation in the well-decommissioning space. Partnering with Ardyne was a clear and easy choice because together, we can address critical needs in the P&A market. We look forward to the mutual success this investment enables,” Girish K. Saligram, Weatherford President and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US