S&P Places Baker Hughes (BHI) on CreditWatch Positive
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GE and Baker Hughes Agree to Create New Fullstream Digital Industrial Services Company
October 31, 2016 6:00 AM EDTNew Baker Hughes, a GE Company, will be a leader in oil and gas productivity
Highly complementary transaction combines GEs oil and gas technology, manufacturing and digital platform with Baker Hughes oilfield services offerings and technologies Combination creates an unparalleled company positioned to deliver value for customers and investors GE to own 62.5% and Baker Hughes shareholders to own 37.5% of the New Baker Hughes GE to contribute $7.4 billion to fund the $17.50 per share special dividend to existing Baker Hughes shareholders... More