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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sat., Feb. 29, 1:31 AM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #94. Interserve Holdings Limited Willbros Interests in Oman

Acquirer: Interserve Holdings Limited
Acquiree: Willbros Interests in Oman (WG)
Details: Willbros Group, Inc. (NYSE: WG) announced today that its subsidiary, Willbros International Finance & Equipment Limited, has signed a definitive Share Purchase Agreement and has completed the sale of all of the Company's interests in Oman to Interserve Holdings Limited, a subsidiary of Interserve Plc, a U.K. company traded on the London Stock Exchange, (the "Buyer"). The Buyer purchased Willbros Middle East Limited, a subsidiary of Willbros that owns its interest in The Oman Construction Company. The all-cash transaction generated net proceeds to Willbros of over $36.0 million after transaction-related costs. The transaction was approved by the Boards of both Willbros Group and Interserve.



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Company Name: 
Willbros Group Inc (DE)
Website: 
www.willbros.com
Sector: 
Oil & Gas Equipment & Services
 

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Hold (2.00 out of 4)
92nd percentile
(ranked higher than approx. 92% of all stocks covered)
Based on Zacks ABR data;
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