Boart Longyear (AU:BLY) has released an update.
Boart Longyear Group Ltd., the world’s leading drilling services provider, has announced that all conditions for its acquisition by an entity managed by American Industrial Partners have been met, with the transaction’s completion expected on April 10, 2024. The company has also requested the suspension of trading of its common shares and warrants on the ASX effective from April 5, 2024, in anticipation of the acquisition’s closure.
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