DTI signs definitive deal to acquire Saltire and Foxley Energy
Drilling Tools International Corp. said it has signed a definitive agreement to acquire Saltire Energy Limited and Foxley Energy Limited.
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10:00:33 AM UTC
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DTI DTI - Drilling Tools International Corp. Signs Definitive Agreement to Acquire Saltire Energy Limited & Foxley Energy Limited
10:01:04 AM UTC
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Drilling Tools International Corp. Signs Definitive Agreement to Acquire Saltire Energy Limited & Foxley Energy Limited
10:23:42 AM UTC
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Drilling Tools International announced a definitive agreement to acquire Saltire Energy and Foxley through a Share Purchase Agreement valued at £60.29 million in cash (about $81 million) plus 17,355,139 shares of common stock. Closing is conditioned on SEC effectiveness of a Form S-4, shareholder a…