UPDATE 2-GE to lose majority control of Baker Hughes with up to $3 bln share sale
General Electric is looking to
raise up to $3 billion in sale of majority-owned Baker Hughes
shares, resulting in a reduction of the U.S industrial
conglomerate’s stake in the oilfield services provider to less
than 50%, Baker Hughes said on Tuesday.
raise up to $3 billion in sale of majority-owned Baker Hughes
shares, resulting in a reduction of the U.S industrial
conglomerate’s stake in the oilfield services provider to less
than 50%, Baker Hughes said on Tuesday.
Posted by Reuters
