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Halliburton to Acquire Multi-Chem - The Acquisition will Allow Halliburton to Expand its Service Offerings - Deal Analysis From GlobalData
GlobalData, Sep 2011, Pages: 6
Halliburton to Acquire Multi-Chem - The Acquisition will Allow Halliburton to Expand its Service Offerings - Deal Analysis From GlobalData
Summary
Halliburton Company (Halliburton), an integrated oil and gas services company, entered into a definitive agreement to acquire Multi-Chem Group, LLC (Multi-Chem), an oilfield services company based in Texas, the US. Lazard Ltd is acting as financial advisor to Multi-Chem with respect to the transaction. The acquisition is subject to regulatory approvals and other customary closing conditions. The companies expect to obtain all required regulatory clearances during the fourth quarter of 2011.
Scope
- Rationale behind Halliburton acquiring Multi Chem,
- Strategic benefits for the companies involved,
- Geography covered -Global
Reasons to buy
- Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in oil and gas services industry,
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the oil & gas market across the globe,
- Get a detailed analysis of a deal to enable you to take better decisions.
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