Ge In Talks With Baker Hughes, Denies Acquisition Reports

General Electric Co. (NYSE: GE) is in discussions with Houston-based Baker Hughes Inc. (NYSE: BHI) about a possible deal — but not an acquisition. The Wall Street Journal and Reuters both reported that Boston-based GE approached the oil field services giant about a possible acquisition, citing people familiar with the matter.

BING NEWS:
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    Tobias Knapp said his experience at O'Melveny during its merger talks with a major U.K. Magic Circle firm played into his desire to seek a firm with Baker McKenzie's international reach.
    05/27/2024 - 11:05 pm | View Link
  • US drillers cut oil and gas rigs for fourth time in five weeks
    U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
    05/24/2024 - 6:00 am | View Link
  • Baker Hughes (BKR) Gets Major Contract for Hassi R'Mel Project
    Baker Hughes Company BKR has been awarded a significant contract by Algeria's state-owned oil company Sonatrach for a gas-boosting project at the Hassi R'Mel field. The massive field, located 550 ...
    05/24/2024 - 3:32 am | View Link
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