Story from a few days - Takeover12 Jun 2024 13:19
Industry insiders suggest that a substantial offer is on the horizon, with a prospective price of around £1 per share, as several major players are believed to be in the running for acquiring Petrofac. Among the contender are Schlumberger and Halliburton, both of which are global giants in the oilfield services industry. Acquiring Petrofac could strategically enhance their service portfolios and expand their market reach.
Now I for one firmly believe we will see the hand shown every soon