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Oil & Gas news, February 2019

The Weir Group plc enters into an agreement to sell its Flow Control division to private equity investment firm First Reserve.

 

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The mechanical seal company is investing almost US$16 million.

 
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Warburg Pincus is acquiring the centrifugal pump manufacturer from funds advised by BC Partners Advisors LP and The Carlyle Group.

 
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Ingersoll-Rand plc to spin off its Industrial segment (Ingersoll Rand Industrial) and combine it with Gardner Denver Holdings Inc.

 
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