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.