Archrock Reports Expiration Of HSR Waiting Period In Connection With Its Pending Acquisition Of Total Operations And Production Services, LLC
Portfolio Pulse from Benzinga Newsdesk
Archrock announced the expiration of the HSR waiting period for its acquisition of Total Operations and Production Services, LLC. The deal is expected to close in Q3 2024, pending customary conditions.
August 27, 2024 | 11:47 am
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Archrock's acquisition of Total Operations and Production Services has passed the HSR waiting period, moving closer to completion. The transaction is anticipated to close in Q3 2024, pending other conditions.
The expiration of the HSR waiting period is a significant regulatory milestone, indicating progress towards the completion of the acquisition. This development is likely to be viewed positively by investors, as it reduces regulatory uncertainty and brings the deal closer to fruition.
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