Halliburton CEO says planning acquisitions
[...]
"These are going to be technology acquisitions, bolt-on acquisitions to our product lines, product extensions or geographic extensions," Lesar told the Howard Weil energy conference.
Halliburton, the world's second-largest oil field services company, has seen its revenues climb due to robust spending by oil and gas producers seeking to boost output to take advantage of high energy prices.
The company has said it plans to launch an initial public offering for 20 percent of its engineering and construction unit KBR, which is the Pentagon's biggest private contractor in Iraq.
[...]
"These are going to be technology acquisitions, bolt-on acquisitions to our product lines, product extensions or geographic extensions," Lesar told the Howard Weil energy conference.
Halliburton, the world's second-largest oil field services company, has seen its revenues climb due to robust spending by oil and gas producers seeking to boost output to take advantage of high energy prices.
The company has said it plans to launch an initial public offering for 20 percent of its engineering and construction unit KBR, which is the Pentagon's biggest private contractor in Iraq.
[...]
posted by TheFuriousGourmet | 5:19 AM
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