Complete Production Services Announces Agreement to Divest Rig Relocation and Heavy Haul Business for $110M

Complete Production Services, Inc. CPX, announced today that it has reached an agreement to sell all of the shares of its I.E. Miller Services, Inc. subsidiary to TFI Holdings USA, Inc., a subsidiary of TransForce Inc., for approximately $110 million in cash, subject to working capital and other adjustments.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsAsset Sales
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!