Halliburton agrees to sell Dresser Equipment Group to First Reserve and Odyssey Investment Partners

Halliburton signed a definitive agreement to sell its Dresser Equipment Group, a maker of valves, instruments and industrial equipment, to an investor group led by First Reserve and Odyssey Investment Partners for $1.55 billion in cash and assumed liabilities. Halliburton will keep a five percent equity stake.

“Total consideration for the transaction is $1.55 billion in cash and assumed liabilities.”ir.halliburton.com

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• ir.halliburton.comHalliburton Announces Agreement to Sell Dresser Equipment Group - HalliburtonFeb 8, 2018

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