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Friday, 09 January, 2009, 00:40 GMT | more >>

Halliburton extends KBR spin off



By Upstream staff 

Halliburton, the second-largest US oilfield services company, said today its shareholders had tendered for about 64% of the stake in its KBR unit which it is seeking to divest.

The final exchange ratio for the split-off has been set at the maximium of 1.5905, which triggered an extension of the split-off to 2 April, the company said in a news release, Reuters reported.


Thursday, 29 March, 2007, 21:46 GMT  | last updated: Thursday, 29 March, 2007, 21:46 GMT

Halliburton: the company said it had spun off 64% of its stake in KBR
 

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