Weir Group receives offer on Oil & Gas division
The Weir Group has entered into an agreement to sell its entire Oil & Gas division for an all-cash US$405 million to Caterpillar Inc. This follows the announcement in February 2020 that Weir would seek to maximise value from its Oil & Gas division as it continued its strategic transformation into a premium mining technology pure play. Delivering transformation of […]
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Source: Pump Industry Magazine