Ingersoll Rand Selling Majority of High Pressure Solutions Unit to AIP
American Industrial Partners which also owns fastener distributor/manufacturer Optimas Solutions is paying $300 million for 55 percent of HPS.
Feb 16th, 2021
DAVIDSON, NC Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to sell a majority interest in its High Pressure Solutions (HPS) Segment to the private equity firm American Industrial Partners (AIP).
Ingersoll Rand will receive cash proceeds of approximately $300 million at closing for its majority interest and will retain a 45% common equity interest in the business. The transaction, subject to standard closing conditions, is expected to be completed in the first half of 2021.
/PRNewswire/ Oasis Petroleum Inc. (Nasdaq: OAS) ("Oasis" or the "Company") plans to announce its Fourth Quarter 2020 financial and operational results on.
Oasis Midstream Partners Schedules Fourth Quarter 2020 Conference Call for February 25, 2021
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HOUSTON, Feb. 11, 2021 /PRNewswire/ Oasis Midstream Partners LP (Nasdaq: OMP) ( Oasis Midstream or the Partnership ) plans to announce its Fourth Quarter 2020 financial and operational results on Wednesday, February 24, 2021 at market close. Additionally, the Company will host a live webcast and conference call on Thursday, February 25, 2021 at 11:30 a.m. Central Time to discuss Fourth Quarter 2020 financial and operational results.
Investors, analysts and other interested parties are invited to listen to the webcast:
Date: