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Tyco International Ltd announced that it has completed its acquisition of a 75 per cent equity stake in United Arab Emirates-based KEF Holdings Ltd. (KEF), an integrated valve manufacturer and provider of steel castings to the oil and gas, chemical, mining and power industries.

Saudi Aramco signed a seven-year strategic partnership agreement with ITT Corporation to provide products and services to Aramcos oil, gas and petrochemical projects in Saudi Arabia and internationally.

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