Smith International Buy W-H Energy for US$3.2bn

June 2008 | M&A News Alert

Houston based oil and gas technology company Smith International (Smith) has said that it has agreed to acquire oil-field services company W-H Energy Services (W-H) in a US$3.2bn deal. W-H Energy, also based in Houston, Texas is a diversified oilfield service company, with off- and on-shore operations in the Gulf of Mexico, the North Sea, the Gulf Coast, Brazil, the Caspian Sea, Italy and the Middle East.

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