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-   -   Mideast consortium agrees $500 mln National Petroleum Services buy (https://hameed.nwar.uk/vb/showthread.php?t=356374)

rss 04-23-2014 09:40 PM

Mideast consortium agrees $500 mln National Petroleum Services buy
 
(Adds detail, context) DUBAI, April 22 (Reuters) - A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp (APICORP) have agreed on a deal to acquire Dubai-based oilfield services firm National Petroleum Services, Fajr said on Tuesday. Reuters had reported last **vember that a Gulf consortium led by Fajr and also containing APICORP and Saudi-Arabia based investment holding company Zamil Group were in advanced talks over a deal worth between $500 million and $700 million. This followed an unsuccessful attempt to sell NPS to **rway's Aker Solutions in 2012.

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