UPDATE 2-GE to lose majority control of Baker Hughes with up to $3 bln share sale
09 Sep UPDATE 2-GE to lose majority control of Baker Hughes with up to $3 bln share sale
Posted at 22:15h
in
News
by KMFSLLP
General Electric is looking to
raise up to $3 billion in sale of majority-owned Baker Hughes
shares, resulting in a reduction of the U.S industrial
conglomerate’s stake in the oilfield services provider to less
than 50%, Baker Hughes said on Tuesday.
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