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Weatherford agrees to acquire NCS Multistage in stock-and-cash deal

PUBT·06/01/2026 11:05:44
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Weatherford agrees to acquire NCS Multistage in stock-and-cash deal
  • Weatherford reached a definitive deal to acquire NCS Multistage, expanding its completions offering and exposure to unconventional drilling.
  • NCS holders can choose 0.554 Weatherford shares per share, or 0.239 shares plus cash tied to 0.137 shares; proration applies.
  • Blended consideration equates to about 0.463 Weatherford shares per NCS share, with up to 19.99% payable in cash.
  • Weatherford targets at least $15 million in annual cost synergies within 18 months; expects immediate accretion to adjusted free cash flow per share.
  • Closing is expected in the second half of 2026, subject to customary conditions and regulatory clearances.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weatherford International plc published the original content used to generate this news brief on June 01, 2026, and is solely responsible for the information contained therein.