Former Reporter

Pamplona Capital Management sold its remaining 8.5% stake in publicly traded oil-field services company Nabors Industries Ltd.

Financial terms of the deal weren't disclosed in a statement on Thursday. Nabors, whose stock is listed on New York Stock Exchange, currently has a market capitalisation of roughly $7.34 billion, according to Standard & Poor's Capital IQ.

Pamplona doubles its money on Nabors stake

Investment firm gains strong return in buoyant oil and gas sector

Alec Macfarlane

Nabors Industries

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