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KM Financial Solutions | UPDATE 1-GE begins divestment of Baker Hughes with $2.7 bln share sale
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UPDATE 1-GE begins divestment of Baker Hughes with $2.7 bln share sale

11 Sep UPDATE 1-GE begins divestment of Baker Hughes with $2.7 bln share sale

Posted at 01:30h in News by
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General Electric Co (GE) on
Wednesday said it plans to reduce its ownership in oil and gas
company Baker Hughes A GE Co to 38.4% from 50.4% at
June-end, and aims to raise $2.7 billion in the process.

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