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Private equity partnership acquires UK oil services group Expro.

Publication: The Oil Daily
Publication Date: 18-APR-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Private equity partnership acquires UK oil services group Expro.(Candover Partners Ltd.)(Expro International Group PLC)

Article Excerpt
A private equity partnership led by Candover Partners is buying UK oil services group Expro International in a [pounds sterling]1.6 billion (US$3.2 billion) deal after securing the backing of Expro's board.

The deal marks another high-profile move by private equity firms to acquire an oil-field services company. Soaring revenues as a result of the...

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