Cameron, Natco combine after shareholders OK all-stock transaction

By Lisa Kerner

Charlotte, N.C., Nov. 19 - Cameron International Corp. said it completed the acquisition of Natco Group Inc. after Natco shareholders approved the deal on Wednesday.

Natco shareholders received 1.185 shares of Cameron common stock for each share of Natco stock held. Cash was paid for fractional shares, the release said.

In June, Cameron announced it would acquire Natco in an all-stock transaction that valued Natco at approximately $780 million.

Cameron is a Houston-based supplier of flow-equipment products and services to the oil and gas industry.

Natco is a Houston-based provider of wellhead process equipment, systems and services used in the production of oil and gas.

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