Weatherford International Announces Acquisition of NCS Multistage in Stock and Cash Deal
Weatherford International (NASDAQ:WFRD) has agreed to acquire NCS Multistage through a stock and cash transaction, aiming to enhance its completions portfolio with specialized technology. The deal is expected to be immediately accretive to adjusted Free Cash Flow per share and generate at least $15 million in annual cost synergies within 18 months.
Tickers: $WFRD