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Apache said Monday that the deal is expected to add to its earnings and cash flow starting this year. The transaction is expected to close in the second quarter. Apache, which is based in Houston, has operations in the U.S., Canada, Egypt, the North Sea, Australia and Argentina. Its shares finished at $96.80 on Friday. They are up 32 percent from their 52-week low of $73.04 in early October. They traded as high as $134.13 in late April.
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