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Re: little Beaner88 post# 495

Monday, 12/17/2018 12:32:25 PM

Monday, December 17, 2018 12:32:25 PM

Post# of 825
$WFT Weatherford International (NYSE:WFT) agrees to sell its surface data logging business to Excellence Logging for $50M.

WFT says it made the sale to help refocus its portfolio on the businesses most closely aligned with its long-term strategy.

The deal follows WFT's recent sales of its laboratory services business for $205M and international land rigs business for $287.5M.

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