UPDATE 1-GE begins divestment of Baker Hughes with $2.7 bln share sale
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.
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.
Posted by Reuters
