Halliburton Sells Flow Meter Business



Halliburton has sold Halliburton Measurement Systems (HMS) for approximately $33 million in cash to NuFlo Technologies, Inc., an investment by the Houston-based private equity firm SCF Partners. The sale of HMS is part of Halliburton's previously announced plan to divest of non-strategic assets. It is not anticipated that there will be any job losses as a result of this sale.
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