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Sondex announces that the Scheme of Arrangement implementing the £289 million recommended cash offer by Drilling and Wireline Solutions Limited for Sondex is now effective, and Sondex has been re-registered as a private limited company. The acquisition of Sondex by GE Energy will further expand its capability and expertise in oil & gas drilling and wireline technology.
Atlanta, Georgia - October 26th 2007. GE Energy announce today it has completed the acquisition of Sondex plc to further expand its capability and expertise in Oil & Gas Drilling & Wireline technology.
09 Oct 2007 - Offer Update
The recommended cash offer for the entire issued and to be issued share capital of Sondex by Drilling and Wireline Solutions Limited (“DWSL”), a wholly-owned subsidiary of General Electric Company: Results of Court Meeting and EGM.
The Board of Directors of Sondex plc, a leading supplier of downhole technology to the oil and gas industry, has received an acquisition offer from GE Energy, Sondex Chief Executive Martin Perry announced today.
Sondex is pleased to announce that we are now offering our DECT tubular cutting tool as a service option.
Sondex, which holds its AGM today at 11.00, is publishing its first Interim Management Statement as required by the revised Listing Authority disclosure rules.
Sondex, the UK-based oilfield technology group, announced its 2007 Preliminary Results in London today.