The 2020 Mid-Year Economic Update_long

National Oilwell Varco Buys Robbins & Myers

Shareholders will receive $60 for each Robbins & Myers Common Share.

National Oilwell Varco Inc. (NYSE: NOV), Houston, TX, has acquired Robbins & Myers (NYSE: RBN), Willis, TX. Robbins & Myers shareholders will receive $60 per common share.

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Robbins & Myers is a supplier of engineered, application-critical equipment and systems in global energy, chemical and other industrial markets.

National Oilwell Varco manufactures equipment and components used in oil and gas drilling and production operations.

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