Allis-Chalmers Energy (ALY) Agrees to Acquire BrazAlta's Remaining Stake in BCH
More News related to ALY
- Allis-Chalmers Energy to Participate in the FBR Capital Markets 2009 Fall Investor Conference
- Allis-Chalmers Energy (ALY) Files $1.5B Mixed Securities Shelf
- Morning Movers 11/05: ROYL, RX, FSYS, KAI, SANM Higher; SMSI, CVS, MBRK, INOD, PL, ARO Lower
- Wells Fargo Upgrades Allis-Chalmers Energy (ALY) to Market Perform; Moving Up Internationally, But U.S. Held Back
- Allis-Chalmers Energy Reports Third Quarter 2009 Results
More News related to Corporate News
- Hoku Scientific (HOKU) Amends Poly Deal with Jinko Solar
- American International Group (AIG), Greenberg and Smith Settle Disputes
- Heska (HSKA) Announces Agreements with Roche for Blood Gas Product Supply/Affiliated Consumables
- AIG, Greenberg and Smith to settle all disputes
- DryShips (DRYS) Announces Exercise of Over-Allotment Option by Underwriters, Closes Convertible Senior Notes Offering for Net Proceeds of $448M
Allis-Chalmers Energy Inc. (NYSE: ALY) today announced the execution of a share purchase agreement to acquire all of BrazAlta Resources Corp’s remaining equity interest in BCH Ltd. for $5 million. The closing of the transaction is anticipated by December 31, 2008 and will result in Allis-Chalmers owning all of the outstanding capital stock of BCH.
Allis-Chalmers Energy, Inc. provides services and equipment to the oil and natural gas exploration and development companies in Texas, Louisiana, New Mexico, Colorado, Oklahoma, Wyoming, Mississippi, Utah, Arkansas, Alabama, and West Virginia; offshore in the Gulf of Mexico; and Argentina and Mexico.
Related Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
+0.01Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
