Baker Hughes Inc. said Monday it plans to reduce its U.S. onshore pressure pumping business one day after its multi-billion dollar merger with Halliburton Co. was scuttled.
Merger
Articles from Merger
Halliburton, Baker Nix Merger; Baker to Reduce U.S. Pressure Pumping Business
Halliburton Co. and Baker Hughes Inc. terminated their merger agreement on Sunday, ending an 18-month saga in which U.S. and European regulators challenged the multi-billion dollar tie-up.
May 2, 2016
Halliburton-Baker Hughes Merger Dead? Saturday Deadline Looms
Halliburton Co. laid off more than 6,000 additional people during the first quarter, and it signaled that its mega-merger with Baker Hughes Inc. is in danger of collapsing.
April 25, 2016
Halliburton Cold Stacks Pressure Pumping Across North America on ‘Excess Service Capacity’
Halliburton Co., which signaled that its mega-merger with Baker Hughes Inc. may be on the rocks, also warned that the North American drilling market is nowhere near an upturn.
April 25, 2016
Halliburton-Baker Hughes Merger Dead? Saturday Deadline Looms
Halliburton Co. laid off more than 6,000 additional people during the first quarter, and it signaled that its mega-merger with Baker Hughes Inc. is in danger of collapsing.
April 25, 2016
Halliburton Cold Stacks Pressure Pumping Across North America on ‘Excess Service Capacity’
Halliburton Co., which signaled that its mega-merger with Baker Hughes Inc. may be on the rocks, also warned that the North American drilling market is nowhere near an upturn.
April 25, 2016
Energy Transfer Fires Another ‘Bullet’ at Williams Deal
The outlook for the merger of Energy Transfer Equity LP (ETE) and The Williams Companies Inc. dimmed further this week as favorable tax treatment of ETE units and Williams shares was cast into doubt in an ETE regulatory filing.
April 20, 2016
Energy Transfer Fires Another ‘Bullet’ at Williams Deal
The outlook for the merger of Energy Transfer Equity LP (ETE) and The Williams Companies Inc. dimmed further this week as favorable tax treatment of ETE units and Williams shares was cast into doubt in an ETE regulatory filing.
April 20, 2016
Williams Suing Energy Transfer, Still Committed to Merger
The Williams Companies Inc. (WMB) is suing would-be merger partner Energy Transfer Equity LP (ETE) and ETE CEO Kelcy Warren over a recent private offering of ETE units and alleged interference with the merger plan by Warren.
April 6, 2016
Halliburton, Baker Pledge to ‘Vigorously’ Defend Against DOJ Attempt to Block Merger
Halliburton Co. and Baker Hughes Inc. said they will fight Justice Department efforts to block their pending $34.6 billion merger, claiming government officials reached the wrong conclusion in assessing the transaction and charged the action is counterproductive in light of the challenges now being experienced by the global energy industry.
April 6, 2016
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
