GE begins divestment of Baker Hughes with $2.7 billion share sale

GE begins divestment of Baker Hughes with $2.7 billion share sale The U.S. conglomerate, which will lose majority control of Baker Hughes, said it would raise the amount through a public offering of 115 million Baker Hughes Class A shares priced at $21.50 each, and through a private sale of $250 million Class B Baker Hughes shares to the oilfield services provider.

from Moneycontrol World News https://ift.tt/2ZTApQ9
GE begins divestment of Baker Hughes with $2.7 billion share sale GE begins divestment of Baker Hughes with $2.7 billion share sale Reviewed by VidhanSabha on September 12, 2019 Rating: 5

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