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Expro and Frank's to Combine to Create a Leading Full-Cycle Service Provider


(PRNewsfoto/Frank s International N.V.)
READING, United Kingdom and HOUSTON, March 11, 2021 /PRNewswire/ Expro Group, a privately-held international energy services company with market leadership in well access and well flow optimization, and Frank s International (NYSE: FI), a global oil services company that provides a broad range of highly engineered drilling and completions solutions and services, today announced a definitive agreement under which the companies will combine in an all-stock transaction. Upon the closing of the transaction, Expro shareholders will own approximately 65% of the combined entity, with Frank s shareholders owning approximately 35%.
The combination brings together two companies with decades of market leadership, best-in-class safety and service quality performance, exceptional talent and global capabilities in well construction, well flow management, subsea well access, well intervention and production services. With a broad range of complem ....

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