GE Keeping Faith in Baker Hughes Merger
GE had been exploring "exit options" but CFO Jamie Miller says it now sees "a lot of upside" for Baker Hughes.
GE Chair Mulls Breakup of Company
General Electric's three core assets — power, aviation, and healthcare — may one day be up for grabs.
How to Gauge M&A Supply Chain Uncertainties
There's a gap that many acquirers are starting to pay more attention to: the supply chain uncertainty created when companies combine.
General Electric to Raise $4B From Sales of Industrial Units
“We’ve made the company simpler. We’ve made the company deeper," CEO Jeff Immelt says.
GE, Baker Hughes to Merge Oil, Gas Businesses
The companies believe the combined entity will be positioned to benefit from the expected recovery in oil prices.
The Year of Dealing Dangerously
Antitrust actions, buyer cautiousness, and longer due diligence phases have all contributed to a slowdown in mergers and acquisitions.
Activist Fund Fined $11M on Antitrust Charges
ValueAct failed to notify regulators that it purchased stock in Baker Hughes and Halliburton after the two companies proposed a merger, says the DOJ.
Baker Hughes Refocusing After Merger Deal Dies
The oilfield services giant will use its $3.5 billion breakup fee from Halliburton to fund a $1.5 billion share buyback.
Halliburton Cuts 6,000 Jobs as Revenue Falls 17%
"What we are experiencing today [in the energy industry] is far beyond headwinds; it is unsustainable," Halliburton's president says.
U.S. Sues to Block Halliburton-Baker Hughes Deal
"I have never seen [a merger] that poses so many antitrust problems in so many markets," a top Justice Department official says.
Halliburton Pushing to Keep Baker-Hughes Deal Alive
The oilfield services supplier has taken another step to ease the concerns of regulators who fear the merger would be anticompetitive.