Halliburton and Baker Hughes to scrap merger

By Kasia Patel
Published: Saturday, 21 May 2016

Halliburton to pay $3.5bn break-up fee; working with antitrust authorities since 2014; rig count down affecting associated oilfield minerals

Leading oilfield services firms Baker Hughes Inc. and Halliburton Co. have announced the immediate termination of the merger agreement entered into by the companies in November 2014.

In a joint statement released in May, Halliburton and Baker Hughes reiterated their belief in the merger’s "compelling benefits to shareholders, customers and...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.