Baker Hughes Inc – Bocconi Students M&A Circle

A new giant emerges in the oil services industry: the marriage of Baker Hughes with GE

Posted on 20 November 201620 November 2016 by bsmac

General Electric and Baker Hughes reached a deal for the combination of their oil services business units. General electric will contribute its oil-and-gas business and pay $7.4 billion through a special dividend of $17.50 for each Baker Hughes share. The new company will be 62.5% owned by GE and 37.5% owned by Baker Hughes shareholders. … Continue reading A new giant emerges in the oil services industry: the marriage of Baker Hughes with GE →

BIG OIL M&A IS BACK. HALLIBURTON – BAKER HUGHES

Posted on 23 November 201419 December 2015 by bsmac

On November 17, 2014 Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) announced a definitive agreement under which Halliburton – the No.2 biggest oilfield services provider – is going to acquire all the outstanding shares of Baker Hughes – No.3 in the same industry - in a $34.6 billion stock and cash transaction. … Continue reading BIG OIL M&A IS BACK. HALLIBURTON – BAKER HUGHES →