Kps capital partners to acquire lufkin rod lift solutions from baker hughes

Kps capital partners to acquire lufkin rod lift solutions from baker hughes.kps capital partners, lp - upon close, transaction will transfer assets of lufkin rod lift business to an affiliate of kps.kps capital partners, lp - lufkin's power transmission business will remain part of baker hughes portfolio and is not included in transaction with kps.kps capital partners, lp - completion of transaction is expected mid-year 2020.
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