Business
Civeo Completes Acquisition of Four Villages in Australian Bowen Basin
HOUSTON, May 07, 2025--Civeo Corporation (NYSE:CVEO) has completed its previously announced acquisition of four villages with 1,340 rooms in Australia’s Bowen Basin and the associated customer contracts for total cash consideration of A$105 million, or approximately US$67 million. The acquisition was funded with cash on hand and borrowings from Civeo’s existing revolving credit facility.
About this update from Civeo Corporation (canada)
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