Monthly Archives: August 2017

Anthony Petrello Expansion Ideas of Nabors Industries Ltd

Nabors Industries will acquire a Tesco Corp in an all-stock transaction. Tesco Corp is Nasdaq listed company. Nabors Industries Ltd, a Bermuda based company, is a gas exploring company. Over the years the company is one of the most successful gas drilling companies in the world.

The deal is likely to close in the fourth quarter of 2017. The value of the Tesco common stock at $4.62 per share, it is in the reference of to the closing price of Nabors share on Aug. 11. The valuation is estimated at 15 percent premium over the closing value of Tesco shares and the Tesco’s enterprise values which were 30 percent. This assessment was based on its cash balance on June 30.

In this particular transaction, each of the extra shares of Tesco common stock will be exchanged for 0.68 common shares of Nabors. Once the deal is finalized, the Tesco shareholders will own about 10 percent of Nabors shares. According to filing with the U.S. Securities and Exchange Commission, if the deal will not be closed by February 14, 2018, Tesco will have to pay Nabors $8 million.

Tesco is leading company in designing, manufacturing and it also offers technology-based services for the upstream energy industry. Nabors, on the other hand, operates the world’s largest land based drilling rig fleet and also provides offshore platforms rigs, directional drilling services and performance.

In this deal, it will enable marge of Nabors’ rig equipment subsidiary, Canrig and Tesco’s rig equipment manufacturing and service that the company offers for its customers. According to Nabors Tesco, tabular services business will be the beneficiary of Nabors Drilling Solutions operations.

According to the Nabors CEO Tony Petrello, the transaction will enable acceleration of the strategy that he presented at the company’s Analyst day. He continues to state that the firm completed the drilling rig that will serve as the delivery platform for future rig services. Tony has worked hard to ensure that his company is the most successful in its industry.

Before joining Nabors’ board of directors in 1991, he was working in the Baker & McKenzie law firm. In the law firm, he focused on corporate taxes. Despite being the leader and committed to the large company, Tony has been involved in some community-based activities. This has given him the opportunity to give back to his community, for instance, he has donated millions of dollars to charities each year.

Learn More: www.crunchbase.com/person/anthony-petrello#/entity

The New Plateau for Equities First Holdings

With over fifteen years providing sound investment advice and opportunities for their clients, Equities First Holdings made significant strides in 2012, when they acquired Meridian Equity Partners Limited, creating the foundation of what you see today. Equities First Holdings is an advisory and investment firm that, since its inception, has been bridging the gap between their clients and longterm financial success. During the existence of Equities First Holdings, they have world with a myriad of private consumers, ranging from individuals with significant net worth to multinational companies that are recognizable across the globe and learn more about Equities First Holdings.

Equities First Holdings, prior to its recent acquisition, was known as Meridian Equity Partners Limited. This acquisition, which helped to bring Equities First Holdings to Australia, Europe, and Asia, was initiated by a talented group of leaders, including, Chris Harrison and William Yonge, who helped to provide constant regulatory advice during the process. With Equities First Holdings’ recent expansion into these previously untapped regions, they have seen considerable growth within the offshoot branches, as they have now begun to operate independently. It was reported that Mr. Joel Leonoff of Paysafe Group PLC, provided a significant amount of stock to be used as collateral, all of which was returned to Mr. Leonoff, along with a substantial amount of additional stock.

Equities First Holdings is an investment and financial advisory firm that is headquartered in London, United Kingdom. It is geared at providing sound financial lending services to companies across the world that range in size, as well as to individual investors and more information click here.

More Visit: http://www.equitiesfirst.co.uk/

How Eric Lefkofsky Came Up with Tempus

When Eric Lefkofsky’s wife was diagnosed with cancer, he had just retired from the successful internet empire that he created years before. He tried to make sure that he was doing what he could to make things better for her but he often wondered what he was doing and wanted to make sure that he was actually providing her with the experiences that would make her cancer better. Eric Lefkofsky knew that all of this would make it hard for her to continue living a healthy life and he wanted to make sure that things were going to work for her no matter what was going on in his career. There were times when he wanted to show people different things but he had to be available to her. He knew that this was something that not all people had the luxury of but he wanted to do something that would help them and learn more about Eric.

He knows that this is where the idea for Tempus came in to play and he wanted to make sure that it was something that would actually be able to work for everyone who had a part in the different areas of cancer. He tried to make sure that he was providing all of the moral support that he could to cancer patients and knew that this would make things better for them. While this was important, though, he had to have the clearance from an oncologist so that he could do things the right way and more information click here.

Eric Lefkofsky teamed up with an oncologist and they were able to start Tempus together. They come up with different ideas and treatment methods that will make things better for cancer patients. While the oncologist is focused on how he can make sure that they are able to get all of the medical treatments that they need, Eric Lefkofsky is focused on giving them the moral support that will make their lives better even while they are going through the treatment process. Together, they are helping to make cancer more bearable so that patients can have better lives during the treatment process and Eric’s lacrosse camp.

More Visit: http://lefkofskyfoundation.com/about-eric-lefkofsky/