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Frank s International N.V. (FI) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Frank s International N.V. (NYSE: FI)
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Operator
Welcome to the Q1 2021 Frank s International N.V. Earnings Conference Call. My name is James, and I ll be your operator for today s call. [Operator Instructions]
And I d now like to turn the call over to Melissa Cougle. Melissa, you may begin.SPONSORED:
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Frank s International to merge with U.K. based Expro Group
Frank s International / Expro Group
and last updated 2021-03-11 15:36:40-05
Franks International announced Thursday that it has merged with international energy services company, Expro Group.
The two companies announced March 11, that they would combine in an all-stock transaction with Expro shareholders owning approximately 65% of the combined entity and Frank s shareholders owning approximately 35%.
Frank s International, a global oil services company, and Expro, A United Kingdom based privately-held international energy services company, both have locations in Broussard.
According to a press release, the combined companies will maintain a significant presence in Lafayette following the transaction.
SHAREHOLDER ALERT: Rigrodsky Law, P A Announces Investigation of Frank s International N V Merger
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