Brief: Archer Acquires 65% Of Vertikal Services

Archer

15/03/2024 12:10

March 15 (Reuters) - Archer Ltd  ARCHA.OL :
    * ARCHER ACQUIRES 65% OF VERTIKAL SERVICES AS AND
STRENGTHENS ITS
ENGINEERING SERVICES PORTFOLIO
    * REMAINING 35% OF VERTIKAL WILL BE OWNED BY EXISTING
MANAGEMENT
AND KEY EMPLOYEES
    * CONSIDERATION FOR SHARES IS A COMBINATION OF NOK 25
MILLION IN
CASH AND CONTRIBUTION OF ARCHER'S OFFSHORE DRILLING FACILITIES
CONSTRUCTION BUSINESS IN NORWAY

Source text for Eikon:  ID:nWkr35Yywv 
Further company coverage:  ARCHA.OL 

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