Candover and Halliburton battle for Expro

Friday 23 May 2008 at 14:43

A bidding war has broken out for oilfield-services group Expro International Group after buyout group Candover and trade rival Halliburton both submitted bids for the company.

A consortium led by Candover Partners announced a £1.73bn (€2.17bn) bid today shortly after Halliburton made a £1.7bn proposal.