Oilfied

Baker Hughes, BJ Services Merger Gets Antitrust Nod

Oilfied services firms Baker Hughes Inc. and BJ Services Co. said Tuesday they have reached a final agreement with the Department of Justice’s antitrust division on their proposed merger. The settlement requires the companies to divest assets before closing can occur, and must be approved by the U.S. Court of Appeals for the District of Columbia (see Daily GPI, April 5).

April 29, 2010