British oilfield services group Expro International Group Ltd will be controlled by four lenders, including KKR & Co LP and Goldman Sachs Group Inc, as part of a financial restructuring, Sky News reported.
The lenders, which also include hedge fund Highbridge and Park Square Capital, will exchange their debt for equity, giving them a controlling stake in the company, according to Sky News.
Confirmation of the news could come as soon as the end of next week, Sky News said, citing sources.
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