BRIEF-Reliance Oilfield to buy some FMC Technologies' wireline assets

Wed May 11, 2016 8:37am EDT
 
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May 11 (Reuters) - Reliance Oilfield Services:

* Acquisition agreement where co will acquire assets within FMC Technologies, Inc.'s wireline services business in canada,us

* Reliance Oilfield Services says reliance intends to offer employment to most of employees within business

* Specific financial terms of transaction were not disclosed

* Reliance oilfield services says Brad Gabel is joining reliance as executive chairman of board

* Reliance oilfield services to acquire FMC Technologies' north american wireline assets Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)