HOUSTON, Jan. 5, 2015 /TRENDINGGLOBALNEWS/ -- Cameron (NYSE: CAM) announced that it has completed the previously announced sale of its Centrifugal Compression business to Ingersoll Rand (NYSE: 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.
source:http://www.prnewswire.com
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