DEALS WE LIKE: Blackstone Group has agreed a deal to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole tools for the oil and gas industry, for around $700 million, two sources familiar with the matter said.
** European Union antitrust regulators will rule by Nov. 27 whether to clear U.S. battery maker Energizer Holdings’ $2-billion bid for Spectrum Brands’ battery and portable lighting business.
** American Railcar Industries Inc, majority-owned by billionaire investor Carl Icahn, is selling itself to ITE Rail Fund in a $1.75 billion deal including debt, the company said.
** The head of Telefonica Deutschland called for EU regulators to block Vodafone’s planned acquisition of Liberty Global, saying it would lead to a “quasi-monopolisation” of the German cable TV market.
** Japan’s Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler’s Magneti Marelli for 6.2 billion euros ($7.1 billion) to form the seventh-largest independent car parts supplier.
** U.S. firm Jacobs Engineering Group Inc has agreed to sell its energy, chemicals and resources business to WorleyParsons for $3.3 billion, in a deal that will double the size of the Australian engineering services firm.
** Sony Corp has not offered concessions to European Union antitrust regulators reviewing its $2.3 billion offer for control of EMI to become the world’s largest music publisher, the European Commission website showed.
** National Bank of Bahrain is weighing an acquisition of shares in Bahrain Islamic Bank, the company said in a disclosure.
** Rallye, the holding company that controls French supermarket retailer Casino, has received an offer for its ‘Courir’ sports brand, with both companies keen to sell assets and cut debts that have concerned some investors. (Compiled by Aakash Jagadeesh Babu in Bengaluru)
DISCLAIMER: This is a beta blog. The information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.
PRESS RELEASE FOR BLACKSTONE DEAL
Los Angeles, CA — (SBWIRE) — 10/17/2018 — This study focuses on the production side and consumption side of Drill Bits for Oil and Gas, presents the global Drill Bits for Oil and Gas market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Drill Bits for Oil and Gas capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Drill Bits for Oil and Gas by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
The Drill Bits for Oil and Gas market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Drill Bits for Oil and Gas.
Request Sample Copy of this Report @ https://www.qyresearch.com/sample-form/form/793596/global-drill-bits-for-oil-and-gas-industry-research-report-growth-trends-and-competitive-analysis
This report includes the following manufacturers; we can also add the other companies as you want.
Baker Hughes, Inc.
Scientific Drilling International, Inc.
Ulterra Drilling Technologies
National Oilwell Varco, Inc.
Varel international, Inc.
Atlas Copco AB
Market Segment by Product Type
Roller Cone Bits
Fixed Cutter Bits
Market Segment by Application