Nabors Industries Ltd. /
Parker Drilling Company
Nabors Industries Ltd. completes merger with Parker Drilling Company
What happened
Nabors Industries Ltd. completed its merger with Parker Drilling Company on March 11, 2025. Parker Drilling Company survived the merger as a wholly owned subsidiary of Nabors Industries Ltd.
The merger consideration included up to 4,800,000 Nabors common shares and a cash payment of $562,000.
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Nabors Industries Ltd. completes merger with Parker Drilling Company
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