Boart Longyear CDI

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BLY

AU000000BLY8

Market Closed - Australian S.E. Other stock markets 12:26:49 2024-04-05 am EDT			5-day change	1st Jan Change
2.91 ^AUD	-0.34%		0.00%	+5.82%

Apr. 10	An affiliate of American Industrial Partners Capital Fund VIII, L.P. managed by AIP, LLC completed the acquisition of Boart Longyear Group Ltd..	CI
Apr. 10	Boart Longyear Group Ltd.(ASX:BLY) dropped from S&P/ASX All Ordinaries Index	CI

Boart Longyear : Closing of Transaction with American Industrial Partners

April 11, 2024 at 12:05 pm EDT

Closing of Transaction with American Industrial Partners

SALT LAKE CITY, Utah - April 11, 2024

Boart Longyear Group Ltd. (ASX: BLY) (Boart Longyear or the Company) is pleased to advise that the plan of arrangement pursuant to which an entity wholly owned by funds managed by American Industrial Partners (Purchaser) will acquire all of the issued and outstanding common shares of the Company (Transaction) has now closed. [Download Release]

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Boart Longyear Limited published this content on 11 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2024 16:04:04 UTC.

Latest news about Boart Longyear CDI

An affiliate of American Industrial Partners Capital Fund VIII, L.P. managed by AIP, LLC completed the acquisition of Boart Longyear Group Ltd..	Apr. 09	CI
Boart Longyear Group Ltd.(ASX:BLY) dropped from S&P/ASX All Ordinaries Index	Apr. 09	CI
All Conditions in Boart Longyear Takeover Satisfied or Waived	Apr. 04	MT
Traction And F3 Mobilize Drilling To Hearty Bay To Test New Targets At Head Of Uranium Boulder Field	Mar. 07	MT
Tribe Technology, Veracio to Jointly Develop Blast Hole Chip Sampling System	Feb. 28	MT
Boart Longyear Posts 1.2% Rise in Fiscal 2023 Revenue, Profit Increases	Feb. 22	MT
Boart Longyear Group Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 22	CI
Transcript : Boart Longyear Group Ltd. - Shareholder/Analyst Call	Feb. 20
Explosion Kills 19 at Chinese Nickel Smelter in Indonesia -- Commodities Roundup	Dec. 27	DJ
Boart Longyear Signs Agreement with AcquireCo for Take-Private Deal; Shares Surge 55%	Dec. 27	MT
An affiliate of American Industrial Partners Capital Fund VIII, L.P. managed by AIP, LLC entered into a binding arrangement agreement to acquire Boart Longyear Group Ltd. from Centerbridge Partners, L.P., Corre Partners Management, LLC, First Pacific Advisors, LP, Nut Tree Capital Management, LP, Ascribe II Investments LLC and others.	Dec. 26	CI
Boart Longyear Releases an Upgraded Surface Roller Latch Head Assembly and Overshot	23-10-31	CI
Boart Longyear Expands Role of COO	23-10-31	MT
Boart Longyear Group Ltd Names Denis Despres as Chief Executive Officer, Drilling Services	23-10-30	CI
Boart Longyear Group Ltd Announces the Appointment of Ermanno Simonutti as President, Drilling Products	23-10-25	CI
China Property Sector Woes Dampen Appetite for Australian Shares	23-09-19	MT
Boart Longyear Unit Acquiring Geological Data Visualization Company for $29 Million	23-09-19	MT
Boart Longyear Group Ltd. Announces Amendments to Existing Term Loan Credit Facility and ABL Facility	23-09-18	CI
Boart Longyear Launches New Innovation for Underground Long Hole Drilling	23-08-28	CI
Transcript : Boart Longyear Group Ltd., H1 2023 Earnings Call, Aug 25, 2023	23-08-24
Boart Longyear Group Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-24	CI
Boart Longyear Group Ltd. Appoints Michelle Ash	23-05-25	CI
Transcript : Boart Longyear Group Ltd. - Shareholder/Analyst Call	23-05-24
Boart Longyear Q1 EBITDA Down Despite Higher Revenue	23-04-27	MT
Transcript : Boart Longyear Group Ltd., 2022 Earnings Call, Feb 23, 2023	23-02-23

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Company Profile

Boart Longyear Group Ltd. is a provider of drilling services, drilling equipment, and performance tooling for mining and drilling companies. It also has a presence in aftermarket parts and service, energy, mine de-watering, oil sands exploration, production drilling, and down-hole instrumentation. It operates in two segments: Global Drilling Services and Global Products, which includes the Veracio business. The Global Drilling Services segment provides a broad range of drilling services to companies in mining, energy and other industries. Its Global Drilling Services division operates for a diverse mining customers base spanning a range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products segment, which includes Veracio, manufactures and sells drilling equipment and performance tooling to customers in the drilling services and mining industries. Its water services include dewatering, water supply drilling, and pump services.

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