Archrock, Inc. announced the expiration of the Hart-Scott-Rodino Act waiting period, a key regulatory milestone, for its acquisition of Total Operations and Production Services, LLC. This significant development follows the initial announcement and sets the stage for the completion of the transaction expected in Q3 2024, pending the satisfaction of other customary conditions. Archrock, a leading energy infrastructure firm focused on natural gas compression, aims to enhance its operational capabilities and market presence through this strategic acquisition. The transaction underscores Archrock’s commitment to safely and responsibly aiding its customers in the production, compression, and transportation of natural gas. Detailed risks and uncertainties related to the acquisition are documented in Archrock’s recent financial filings, accessible online.
Energy, Infrastructure,United States
https://www.globenewswire.com/news-release/2024/08/27/2936136/0/en/Archrock-Announces-Expiration-of-Hart-Scott-Rodino-Act-Waiting-Period-for-Acquisition-of-Total-Operations-and-Production-Services-LLC.html