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Weatherford Completes Acquisition of NCS Multistage

Weatherford International logoWeatherford International
Sig2.25Sen+1.78Env0.00Soc0.00Gov+0.07
NCS Multistage logoNCS Multistage
Sig2.81Sen+1.35Env0.00Soc0.00Gov+0.40

Weatherford completed its acquisition of NCS Multistage. Stockholders received either 0.554 Weatherford shares per NCSM share or a mixed package of 0.239 shares plus cash equal to 0.137 shares, subject to proration and adjustments. NCSM common stock stopped trading and left Nasdaq. The deal combines complementary technologies and services across the well lifecycle.

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