Nuverra Environmental Solutions Inc

ASE:NES  
1.72
-0.20 (-10.42%)
Mergers / Acquisitions

Select Energy Services To Buy Nuverra Environmental Solutions

Published: 12/13/2021 13:42 GMT
Nuverra Environmental Solutions Inc (NES) - Select Energy Services Enters Into Definitive Agreement to Acquire Nuverra Environmental Solutions and Closes on the Acquisition of the U.S. Onshore Assets of Hb Rentals.
Select Energy Services - Deal for Total Consideration of About $45 Million, Including Assumption of About $20 Million of Long-term Debt, Net of Cash.
Select Energy Services - Nuverra Stockholders to Receive About 4.2 Million Shares of Select Class A Common Stock in Exchange for All Shares of Nuverra.