National Oilwell Varco to Acquire CE Franklin for CAD$12.75 Per Common Share
CE Franklin Ltd. announced today that it has entered into an arrangement agreement with a wholly owned National Oilwell Varco, Inc. subsidiary, NOV Distribution Services ULC, pursuant to which, NDS has agreed to acquire all of the issued and outstanding common shares of CE Franklin for consideration of CAD$12.75 in cash per Common Share. The transaction will be …