Reuters logo
Ingersoll-Rand to buy Cameron International unit for $850 mln
August 18, 2014 / 10:41 AM / in 3 years

Ingersoll-Rand to buy Cameron International unit for $850 mln

Aug 18 (Reuters) - Ingersoll-Rand Plc, a maker of heating and air conditioning systems, said it would buy Cameron International Corp’s centrifugal compression unit for $850 million.

The unit makes oil and gas separation equipment, heaters and water processing systems.

Ingersoll-Rand said it plans to fund the acquisition through a combination of cash on hand and debt. (Reporting by Rohit T. K. in Bangalore; Editing by Don Sebastian)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below