Halliburton, the world's largest oil-field services company, said Wednesday it has agreed to sell its Dresser Equipment Group for $1.55 billion, completing its exit from equipment manufacturing. The ...

First Reserve Corporation, the leading private equity firm specializing in energy industry investments, has agreed to acquire the Dresser-Rand Company, a business unit of Ingersoll-Rand Company ...

Itron Inc. ITRI recently announced the completion of the sale of its European commercial & industrial (C&I) mechanical gas meter business, gas stations meter and pressure regulation business and ...

First Reserve Corp. and Odyssey Investment Partners agreed to buy Dresser Equipment Group from Halliburton Co. in a leveraged buyout valued at about $1.26 billion plus $240 million in assumed ...

SAN FRANCISCO (MarketWatch) -- Cooper Cameron Corp. has agreed to buy Dresser Inc.'s on/off valve business for $224 million in cash, the companies said after Thursday's closing bell. The transaction ...