07202017Thu
Last updateThu, 20 Jul 2017 3pm

i

Valve Manufacturing

GE Oil & Gas and Baker Hughes Complete Merger

GE Oil & Gas has completed the previously announced merger with Baker Hughes. Under the terms of the transaction agreement, which was previously announced on October 31, 2016, the transaction resulted in a partnership structure, pursuant to which Baker Hughes was converted to a partnership and GE contributed its Oil & Gas business into that partnership. GE has a 62.5% interest in this partnership and legacy Baker Hughes shareholders have a 37.5% interest through their ownership. 

Subscribe SUM17

FREE SUBSCRIPTION*

•  Print magazine
•  Digital magazine
•  VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

BUYERS GUIDE 300x220
Advertisement

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products