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National Drilling receives acquisition offer

National Drilling receives acquisition offer
(Photo credit: Company's website)
National Drilling
NDRL
0.00% 4.69 0.00

Cairo – Mubasher: National Drilling Company said Monday that it has received a letter from a major shareholder concerning ongoing negotiations with the company’s shareholders to buy their shares for $8.335 per share.

The total value of the offer is $16.67 million, according to statistics by Mubasher.