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Foraco International Completes Russian Exit
Company Announcements

Foraco International Completes Russian Exit

Foraco International (TSE:FAR) has released an update.

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Foraco International SA, a prominent provider of drilling services, has successfully divested from its Russian operations by selling its entire stake in EDC Russia. The transaction, which was approved by Russian authorities, yielded a slight net profit for the company.

For further insights into TSE:FAR stock, check out TipRanks’ Stock Analysis page.

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