The two companies have agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America LLC for US$830 million.
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Tailwater Capital has signed a definitive agreement to acquire Houston-based NorTex Midstream Partners.
The report states that increasing demand for oil and gas is helping to drive demand for the flexible pipe market.
Ingersoll Rand is to sell its High Pressure Solutions Segment interest to American Industrial Partners for approximately US$300 million.