Houston and London, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Varel International Energy Services (Varel), a long-standing provider of drilling and downhole solutions, today announced its redefining vision ...
Jim Nixon, President and CEO, Varel International Inc. About a month after Jim Nixon bought Varel International Inc. in 1998, he stood before his employees and put a slide up saying that in three ...
Varel International has completed the sale to an affiliate of Arcapita Inc., a leading private equity firm based in Atlanta. Varel International has completed the sale to an affiliate of Arcapita Inc.
Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox.
DUBAI, Feb 3 (Reuters) - Bahrain-based investment firm Arcapita said on Monday it agreed to sell U.S.-based Varel International to Sweden's Sandvik AB for a total transaction value of $740 million.
The acquisition was supported by Arcapita, Varel's primary investor, with financing support made possible through the Royal Bank of Scotland (RBS). Varel International announced today that it has ...
The Varel Oil and Gas Inc.-Bond has a maturity date of 4/7/2028 and offers a coupon of 12.2500%. The payment of the coupon will take place 2,0 times per biannual on the 08.10.. The Varel Oil and Gas ...