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National Oilwell to spin off equipment distribution business
September 24, 2013 / 11:13 AM / in 4 years

National Oilwell to spin off equipment distribution business

Sept 24 (Reuters) - National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said it would spin off its oilfield production equipment distribution business into a new publicly traded company.

The distribution group would have operations in 26 countries.

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