Brief: Petro Welt Technologies buys proppant manufacturing co in Russia

Petro Welt Technologies AG

28/07/2017 06:08

July 28 (Reuters) - PETRO WELT TECHNOLOGIES AG  O2C.DE : 
    * SAID ON THURSDAY SIGNED A SHARE PURCHASE AGREEMENT FOR THE 
    * ACQUISITION OF ALL THE SHARES OF CARBO CERAMICS CYPRUS 
LIMITED, WHICH OWNS A PROPPANT MANUFACTURING FACILITY IN 
KOPEYSK, RUSSIA 
    * PURCHASE PRICE OF USD 22 MILLION 
    * BOTH PARTIES INTEND TO CLOSE THE TRANSACTION DURING THE 
THIRD QUARTER OF 2017 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ5sYdZBa 
     
 Further company coverage:  O2C.DE   
    
 
 
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