M&A: Helmerich & Payne, Inc.

Form Type: 8-K

Filing Date: 2024-12-23

Corporate Action: Acquisition

Type: Update

Accession Number: 000004676524000083

Comments: On December 20, 2024, Helmerich & Payne, Inc. entered into a Deed of Amendment to a previously disclosed Sale and Purchase Agreement dated July 25, 2024, for the acquisition of KCA Deutag by HP Global Holdings Limited, a wholly owned subsidiary of the Company. The Deed of Amendment modifies the terms of the Purchase Agreement to stipulate that the completion of the acquisition will occur no earlier than January 15, 2025, contingent upon regulatory approvals and other customary closing conditions.

Document Link: View Document

Additional details:

Date Reported: 2024-12-20


Purchase Agreement Date: 2024-07-25


Acquisition Target: KCA Deutag


Subsidiary Involved: HP Global Holdings Limited


Amendment Type: Deed of Amendment


Expected Closing Date: 2025-01-15