Precision Drilling buying Canadian well servicing business from High Arctic - BNN Bloomberg

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Precision Drilling has signed a deal to buy the Canadian well servicing business of High Arctic Energy Services Inc. for $38.2 million in cash.

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Precision Drilling buying Canadian well servicing business from High ArcticPrecision will make an initial payment of $10.2 million at closing, with the remaining balance due in January 2023
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