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August 18, 2014
06:27 EDTIR, CAMIngersoll Rand to acquire Cameron's centrifugal compressional division for $850M
Ingersoll-Rand (IR) announced it has entered into an agreement to acquire the assets of Cameron (CAM) Centrifugal Compression division for $850M. The acquisition is expected to close before the end of the year, subject to regulatory approval. The division provides centrifugal compression equipment and aftermarket parts and services for global industrial applications, air separation, gas transmission and process gas. Cameronís Centrifugal Compression division generated sales of approximately $400M in 2013, has approximately 850 employees and operates from 12 global locations. Ingersoll Rand plans to fund the acquisition through a combination of cash on hand and debt.
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January 23, 2015
08:37 EDTCAMBofA/Merrill U.S. oil & gas analysts to hold an analyst/industry conference call
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January 22, 2015
10:03 EDTIROn the Fly: Analyst Initiation Summary
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09:33 EDTIRIngersoll-Rand announces multi-year partnership with NASCAR
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January 21, 2015
16:14 EDTIRIngersoll-Rand initiated with a Buy at UBS
Target $80.

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