Sabre Downhole Tools Ltd. change of control transaction

1 minute read
01 November 2022

On November 1, 2022, a change of control transaction for Sabre Downhole Tools Ltd. was completed whereby one shareholder acquired all of the issued and outstanding shares of the company and its affiliated entities for $3.6 million pursuant to a purchase and sale agreement.

Sabre Downhole Tools Ltd. is an oilfield equipment supplier located in Calgary, Alberta.

Zafar Jaffer and Simanpreet Panaych of Gowling WLG advised the acquiring shareholder in this transaction.

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