Brief: Archer Signs Term Sheet To Potentially Acquire Baker Hughes' Coil Tubing And Pumping Business In UK
17/01/2023 14:46
Jan 17 (Reuters) - Archer Ltd ARCHA.OL :
* ARCHER LIMITED: ARCHER SIGNS TERM SHEET TO POTENTIALLY
ACQUIRE
BAKER HUGHES' COIL TUBING AND PUMPING BUSINESS IN THE UNITED
KINGDOM
* UK COMPETITION AND MARKETS AUTHORITY IS UNDERTAKING PUBLIC
CONSULTATION PROCESS WITH ARCHER AND ONE OTHER POTENTIAL
PURCHASER, EXPECTED TO CONCLUDE BY FEB 1, 2023
Source text for Eikon: ID:nWkr3bV67X
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