Weatherford: Sells Laboratory Services Business to CSL Capital Management for $205m in Cash
Weatherford International plc today announced it has signed a definitive agreement to sell its laboratory services business to a group led by CSL Capital Management, L.P. for $205 million in cash. Under the agreement, Weatherford will divest its laboratory and geological analysis business, including personnel and associated contracts. After exiting the laboratory business, Weatherford will …