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3 个月内
BRIEF-Keane Group says to acquire Rockpile Energy for $284.5 mln
2017年5月18日 / 晚上8点32分 / 3 个月内

BRIEF-Keane Group says to acquire Rockpile Energy for $284.5 mln

1 分钟阅读

May 18 (Reuters) - Keane Group Inc

* Keane announces agreement to acquire Rockpile Energy Services

* Keane will acquire all issued and outstanding shares of Rockpile in a cash and stock transaction

* Deal for $284.5 million

* Deal comprised of $135 million in cash, approximately 8.7 million shares of Keane's common stock

* $135 million cash component of deal, $9 million capital expenditure reimbursement and fees and expenses will be funded with $135 million of term loans

* Deal also comprised of about $26.5 million for capital expenditures for 30,000 previously ordered hydraulic fracturing horsepower

* Remaining $17.5 million of $26.5 million total capital expenditures for new horsepower will be funded by operating cash flow throughout build cycle

* Deal includes contingent consideration of up to $20 million through contingent value right if stock price is less than $19.00 a share for a certain period Source text for Eikon: Further company coverage:

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