Precision Drilling buying Canadian well servicing business from High Arctic

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Precision will make an initial payment of $10.2 million at closing, with the remaining balance due in January 2023

. The transaction is subject to customary closing conditions and is expected to close before the end of the month.

In a separate statement, High Arctic also says it has signed a deal to sell its Canadian snubbing business to Team Snubbing Services Inc. in an agreement that values the assets at $11.1 million. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business groups, Tories seek changes to Canadian tax system after Amazon findingsFederal Conservatives and small businesses want changes to the tax system that allows large multinationals to minimize taxation of their profit if they operate but are not headquartered in Canada
Source: globeandmail - 🏆 5. / 92 Read more »

​Suncor adding directors, mulls sale of gas station business - BNN BloombergSuncor announced a truce with an activist investor that will see the Canadian oil sands giant expand its board of directors and possibly sell its retail business. Goodbye Retail start the bidding Why get rid of the Retail when there is a death at a mine. I think the business model the way it is helps keep it profitable even when prices are low.
Source: BNNBloomberg - 🏆 83. / 50 Read more »