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Drilling Tools International Corp. Signs Definitive Agreement to Acquire Saltire Energy Limited & Foxley Energy Limited

Source: PR Newswire

M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook

Drilling Tools International announced a combination expected to be immediately accretive to key financial metrics. The deal is expected to expand its Eastern Hemisphere presence to approximately 40% of pro forma revenue and create a more diversified global platform; the provided text does not identify the counterparty or disclose deal value.

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