Archrock Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Acquisition of Total Operations and Production Services, LLC
August 27 2024 - 7:42AM
Archrock, Inc. (NYSE: AROC) today announced the expiration of the
waiting period under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976 (the "HSR Act"), in connection with its pending
acquisition of Total Operations and Production Services, LLC.
The expiration of the waiting period under the
HSR Act satisfies an important condition necessary for the
completion of the transaction.
The transaction is expected to close in the
third quarter of 2024 subject to the satisfaction of other
customary closing conditions.
About Archrock
Archrock is an energy infrastructure
company with a primary focus on midstream natural gas compression
and a commitment to helping its customers produce, compress
and transport natural gas in a safe and environmentally responsible
way. Headquartered in Houston, Texas, Archrock is a
premier provider of natural gas compression services to customers
in the energy industry throughout the U.S. and a leading
supplier of aftermarket services to customers that own compression
equipment. For more information on how the Company embodies its
purpose, WE POWER A CLEANER AMERICATM,
visit www.archrock.com.
Forward-Looking Statements
This press release contains forward-looking
statements, which include statements about the expected benefits of
the acquisition of Total Operations and Production Services, LLC,
including the the anticipated completion of the acquisition and the
timing thereof. These statements are not guarantees of future
performance or actions. Forward-looking statements rely on a number
of assumptions concerning future events and are subject to risks
and uncertainties. If one or more of these risks or uncertainties
materialize, actual results may differ materially from those
contemplated by a forward-looking statement. Forward-looking
statements speak only as of the date on which they are made.
Archrock expressly disclaims any obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise. A further list and description of
risks, uncertainties and other matters can be found in Archrock’s
Annual Report on Form 10-K for the fiscal year ended December 31,
2023, and as set forth from time to time in Archrock’s filings with
the Securities and Exchange Commission. These filings are available
online at www.sec.gov and www.archrock.com.
For information, contact:
Archrock, Inc. |
INVESTORSMegan RepineVP of Investor
Relations281-836-8360investor.relations@archrock.com |
MEDIAAndrew Siegel / Jed RepkoJoele Frank212-355-4449 |
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