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Published in TZ Latest News 12 November, 2017 by The TZ Newswire Staff

National Energy Services Reunited Corp. to Acquire Gulf Energy SAOC and National Petroleum Services

HOUSTON, Nov. 12, 2017 (GLOBE NEWSWIRE) — National Energy Services Reunited Corp. (“NESR”) (NASDAQ:NESR) announced today that it has entered into definitive agreements to combine with Gulf Energy SAOC (“GES”) and National Petroleum Services (“NPS”) for an aggregate purchase price of approximately $1.1 billion, or 5.4x the Company’s estimated 2018 EBITDA.

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