GE To Pay $3.3B For Lufkin, Which Owns Plant in Romania

04.08.2013 By Ioana Tudor

U.S. corporation General Electric (GE) will acquire Texas-based oil and natural gas equipment producer Lufkin Industries for $3.3 billion. Lufkin is present in 40 countries, including Romania, where it owns a production facility near Ploiesti.

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Keywords:
GENERAL ELECTRIC
, LUFKIN
, ACQUISITION