NGS
XNYSNATURAL GAS SERVICES GROUP
2 news · 90d
0 news · vs previous 7d (0.60)
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News · 2
How did the price react? →- Natural Gas Services to buy Flatrock Compression in $120M deal
Natural Gas Services Group has announced an agreement to acquire Flatrock Compression for $120 million. The deal expands Natural Gas Services' compression equipment and services footprint. No additional financial terms or closing timeline were disclosed in the headline.
- Natural Gas Services Group Acquires Flatrock Compression
Natural Gas Services Group (NGS) has acquired Flatrock Compression Holdings for $120 million in total consideration, comprising $110 million in cash and $10 million in newly issued NGS common stock. The deal expands NGS's natural gas compression equipment and services business. No financial terms beyond the purchase price were disclosed in the announcement.