The Online Investor
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Thu., Mar. 28, 2:05 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #20. ECOSERV Newpark Resources Environmental Services Business

Acquirer: ECOSERV
Acquiree: Newpark Resources Environmental Services Business (NYSE:NR)
Details: Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into a definitive agreement to sell its Environmental Services business to ECOSERV, LLC, a portfolio company of Denver-based private equity group Lariat Partners, LP. Under the terms of the agreement, Newpark will receive $100 million in cash, subject to adjustment based on actual working capital conveyed at closing. While containing representations, warranties and indemnities which are customary for transactions of this nature, this agreement significantly limits Newpark's post-closing environmental obligations, including those related to the waste transfer and disposal facilities.



Open the NR Page at The Online Investor »

Company Name: 
Newpark Resources, Inc.
Website: 
www.newpark.com
Sector: 
Oil & Gas Equipment & Services
Number of ETFs Holding NR: 
22
Total Market Value Held by ETFs: 
$59.82M
Total Market Capitalization: 
$610.00M
% of Market Cap. Held by ETFs: 
9.81%
 

Open the NR Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree NR Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (4.00 out of 4)
84th percentile
(ranked higher than approx. 84% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Oil & Gas Equipment & Services M&A - Slide 20 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.