finance.yahoo.com Deals and strategy
Borr Drilling to sell 51% stake in Perfomex to Mexican partner
Borr Drilling has signed definitive agreements to sell its 51% equity interest in the Mexican well services joint venture (JV) Perfomex to its local partner. The sale involves Perforaciones Estratรฉgicas e Integrales Mexicana and Perforaciones Estratรฉgicas e Integrales Mexicana II. The deal will see Borr fully exit its investment in Perfomex. Its local partner will take full ownership โฆ