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Baker Hughes Company is an ... in a $728 million stock transaction to form Baker Hughes ... merger would affect competition and prices in the ...
In the latest trading session, Baker Hughes (BKR) closed at $28.47, marking a -0.66% move from the previous day.
With oil prices continue to trade in the bearish territory, there has been little incentives by the explorers to hire oilfield service firms like Baker Hughes (BKR) for upstream activities.
Baker Hughes (NYS: BHI) carries $7.4 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
CEO, Baker Hughes. Term. February 2017-. Predecessor. Martin Craighead. Board member of. Chairman of the U.S.-Russia Business Council . Board member of CNH Industrial and C3.ai. Lorenzo Simonelli is the Chairman, President and Chief Executive Officer of Baker Hughes, an energy technology company.
Luna Energy, which developed pipeline monitoring sensors for the oil and gas industry, was acquired by oilfield services firm Baker Hughes. Baker Hughes helped build Luna Energy in 2002 with a 40% stake in the organization. In December of 2004, Baker Hughes purchased the remaining 60%.
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Proposed acquisition of Baker Hughes. On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction valued at $34.6 billion. A press release made available on the former's website ...
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