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Dresser Industries was a multinational corporation headquartered in Dallas, Texas, United States, which provided a wide range of technology, products, and services used for developing energy and natural resources. In 1998, Dresser merged with its main rival Halliburton. [1]
Dresser-Rand Company was formed in 1986 as an equally-owned joint venture between Dresser Industries and Ingersoll Rand. [2]In September 1999, Dresser Industries merged with Halliburton Industries, and transferred its 51% ownership interest of Dresser-Rand Company to Halliburton. [11]
Halliburton Company is an American multinational corporation and the world's second-largest oil service company which ... Halliburton merged with Dresser Industries ...
After Halliburton acquired Dresser Industries, KBR was created in 1998 when M.W. Kellogg merged with Halliburton's construction subsidiary, Brown & Root, to form Kellogg Brown & Root. In 2006, the company separated from Halliburton and completed an initial public offering on the New York Stock Exchange. [4]
Wellstream was acquired by Dresser Industries in 1995 and subsequently became part of Halliburton when it merged with Dresser in 1998. Halliburton sold off Wellstream to a Candover -led consortium for $136 million in 2003, [ 3 ] which in turn listed the firm on the London Stock Exchange in April 2007. [ 4 ]
But the days of independence have come to an end for Boots & Coots as the company has agreed to sell out to Halliburton for $240.4 million. Shareholders will get $1.73 in cash and $1.27 in ...