HOUSTON (AFX) – US oil services company Halliburton Co said it has reached an agreement in principle to settle all present and future asbestos claims under which it would pay up to 2.77 billion dollars in cash, 59.5 million shares valued at more than 1 billion dollars and notes worth about 100 million dollars. Several…
COMPANY: Halliburton settles asbestos claims for about US$4 billion in cash, stock
Posted on December 26, 2002 by EnergyAsia