Weatherford International Plc is considering a sale of its laboratory business and has reached out to private equity firms and corporate buyers, Bloomberg is reporting. The plan coincides with CEO Mark McCollum’s plan to cut debt and sell non-core units, the story said. Weatherford is also selling its onshore rig business, Bloomberg said.
Source: https://www.pehub.com/2018/06/weatherford-considers-selling-lab-business-bloomberg/
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