Weir group buys 75 pct in Standard Oilfield Services for C$16 million

Date : 07/04/2008 @ 2:40AM
Source : TFN
Stock : Weir Group (WEIR)
Quote : 326.0  0.0 (0.00%) @ 1:00AM
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Weir group buys 75 pct in Standard Oilfield Services for C$16 million

        LONDON (Thomson Financial) - Weir Group Plc. said it has completed the
acquisition of a 75 percent stake in Standard Oilfield Services Ltd. for C$16
million.
    Standard Oilfield, which has principal operations in Baku, Azerbaijan,
provides the group a portal to the Caspian region, Weir said. 
TFN.newsdesk@thomson.com
bmi/ran/lam

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