AcquisitionJun 1, 2026Completed
🇺🇸 United States
NMNCS Multistage Holdings, Inc.WIWeatherford International plc
Energy › Oilfield Services
Deal valueUndisclosed
AnnouncedJun 1, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
Weatherford agreed to acquire NCS Multistage in a deal where stockholders elect Weatherford stock or a stock-and-cash mix, equal on a blended basis to 0.463 Weatherford shares per NCS share with up to 19.99% payable in cash.
Deal rationale
The acquisition expands Weatherford's well completions portfolio and unconventional exposure, with at least $15 million of annual cost synergies expected.
AI-generated from the SEC filingCompletedEnergy › Oilfield ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
None listed
Sell-side
PSPiper Sandler