HOUSTON, Jan. 5, 2015 /PRNewswire/ -- Cameron CAM announced that it has completed the previously announced sale of its Centrifugal Compression business to Ingersoll Rand IR for cash consideration of approximately $850 million and after-tax proceeds of approximately $600 million.
Cameron is a leading provider of flow equipment products, systems and services to worldwide oil and gas industries. For more information, visit www.c-a-m.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cameron-completes-sale-of-centrifugal-compression-business-300015218.html
SOURCE Cameron
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.