DNOW Completes Acquisition of <a href="https://laohu8.com/S/MRC">MRC Global</a>
DNOW Inc. has completed its acquisition of MRC Global Inc., creating a leading solutions provider serving the energy and industrial markets. As a result of the transaction, each share of MRC Global common stock was converted into the right to receive 0.9489 shares of DNOW common stock, and MRC Global's stock will no longer be traded on the New York Stock Exchange. The combined company now has approximately 5,000 team members operating from over 350 service and distribution locations in more than 20 countries. DNOW expects the integration to deliver substantial cost synergies, expanded geographic reach, and enhanced service offerings for a broader mix of customers across sectors such as chemical processing, utilities, mining, and power generation.
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