Ingersoll-Rand Plc, a maker of heating and air conditioning systems, said it would purchase Cameron International Corp's centrifugal compression unit for $850 million. The unit makes oil and gas separation equipment, heaters and water processing systems.
Cameron International Corporation provides flow equipment products, systems and services to worldwide oil, gas and process industries. Shares of CAM traded higher by 0.43% or $0.31/share to $72.63. In the past year, the shares have traded as low as $52.50 and as high as $74.53. On average, 1907830 shares of CAM exchange hands on a given day and today's volume is recorded at 1492694.
Ingersoll-Rand plc (IR-Ireland) is a diversified, global company that provides products, services and solutions to enhance the comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties. Shares of IR fell by 0.51% or $-0.31/share to $60.55. In the past year, the shares have traded as low as $47.06 and as high as $64.77. On average, 1903310 shares of IR exchange hands on a given day and today's volume is recorded at 1993558.
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