Open/Close Mobile Menu Open/Close Mobile Menu

Halliburton buys Baker Hughes to create oilfield services champion

By Kasia Patel
Published: Thursday, 27 November 2014

Both to operate under one large Houston-based company

Halliburton will buy Baker Hughes Inc. for $34.6bn to create a combined Houston-based global oilfield services provider.

Both companies, which are leading producers and providers of oilfield minerals including bentonite and barite (barytes), entered into a definitive agreement in November under which Halliburton will acquire all the outstanding shares...

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: