National Oilwell Varco, Inc. and Robbins & Myers have entered into an agreement under which National Oilwell Varco will acquire Robbins & Myers, Inc. (NYSE:RBN) in an all cash transaction that values Robbins & Myers at approximately $2.5 billion. Under the agreement, Robbins & Myers’ shareholders will receive $60.00 per share in cash in return [...]
August 9, 2012 | Posted in
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National Oilwell Varco, Inc. today reported that for the third quarter ended September 30, 2011 it earned net income of $532 million, or $1.25 per fully diluted share, compared to second quarter ended June 30, 2011 net income of $481 million, or $1.13 per fully diluted share. Earnings per share increased 30 percent compared to [...]
![National Oilwell Varco Acquires Singapore-based STSA]()
National Oilwell Varco, Inc. announced today that it has acquired STSA Pte Ltd (“STSA”). Terms of the all-cash acquisition were not disclosed. STSA, based in Singapore, services subsea blowout preventers (“BOP’s”) and related pressure control equipment for offshore drilling rigs in the Asia Pacific region. STSA is a regional leader in the BOP refurbishment market [...]
![USA: National Oilwell Varco Completes FPSO Technology Acquisition]()
National Oilwell Varco, Inc.,a multinational corporation based in Houston, Texas, announced that it has acquired Advanced Production and Loading PLC (“APL”), a subsidiary of BW Offshore Limited . APL, based in Norway, designs and manufactures turret mooring systems (photo) and other products for Floating Production, Storage and Offloading vessels (“FPSO’s”) and other offshore vessels and [...]
December 9, 2010 | Posted in
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![USA: National Oilwell Varco Reports $3.01 Billion 3Q10 Revenues]()
National Oilwell Varco, Inc. reported that for the third quarter ended September 30, 2010 it earned net income of $404 million, or $0.96 per fully diluted share, compared to second quarter ended June 30, 2010 net income of $401 million, or $0.96 per fully diluted share. Transaction charges for the third quarter of 2010 were [...]
