Halliburton Buys Bakerhughes In $34.6 Billion Deal (see Full Details Of The Deal - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Halliburton Buys Bakerhughes In $34.6 Billion Deal (see Full Details Of The Deal (467 Views)
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| Halliburton Buys Bakerhughes In $34.6 Billion Deal (see Full Details Of The Deal by stevewale(m): 9:20am On Nov 18, 2014 |
Two U.S. oil-drilling giants became one on Monday, when Houston-based companies Halliburton and Baker Hughes agreed to a $34.6 billion merger. The deal came soon after talks between the two competitors broke down and Halliburton indicated the possibility of a hostile takeover of Baker Hughes, the New York Times reported. Halliburton, controversial for its role in the 2010 Deepwater Horizon oil rig explosions, will retain its name in the new combined entity, and its chief executive and chairman David J. Lesar will take the helm. The combination of the two companies’ resources, including operations and research and development, will save over $2 billion in costs and help them compete with industry leader Schlumberger. SEE FULL DETAILS OF THE DEAL/TRANSACTION: http://www.halliburton.com/public/news/pubsdata/press_release/2014/HAL-BHI-Joint-Announcement-Press-Release.pdf |
| Re: Halliburton Buys Bakerhughes In $34.6 Billion Deal (see Full Details Of The Deal by gtrust: 10:36am On Nov 18, 2014 |
I will only comment if they promise me like 0.1% of that money!!! |
| Re: Halliburton Buys Bakerhughes In $34.6 Billion Deal (see Full Details Of The Deal by bitterpenis(m): 10:48am On Nov 18, 2014 |
None of my business until I get a job there |
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