Halliburton-Baker Hughes takeover proposals fail to win over DOJ
Published: Wednesday, 16 December 2015
Despite offering to divest additional businesses and extending the review period twice, the DOJ’s Antitrust Division does not believe the proposals offered so far sufficiently address competition concerns.
Oilfield services providers Halliburton Co. and Baker Hughes
Inc. have been informed by the Antitrust Division of the US
Department of Justice (DOJ) that their takeover proposals do
not go far enough to alleviate anticompetitive
As a result, the companies have had to once again extend the