Halliburton, the US oil giant, is considering a higher bid for Expro, the FTSE 250-listed oil and gas distribution company, than a consortium led by Candover, the European buyout firm, according to a regulatory statement. The consortium agreed its £1.61 billion (€2 billion; $3.19 billion) offer for the company yesterday.
Halliburton may wreck Candover deal
The oil and gas giant is compiling due diligence on Expro, the FTSE 250 oil and gas company, although it will need to trump a large premium offered in an agreed bid by Candover.