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Cactus to buy 65% stake in Baker Hughes surface pressure control business in $344M deal
Cactus (NYSE:WHD) said Monday it agreed to acquire 65% and assume operational control of Baker Hughes' (NASDAQ:BKR) surface pressure control business for $344.5M. The companies said they will form a ...
Cactus will acquire majority control of Baker Hughes' surface pressure control line, maintaining a 35% stake in a joint venture. Baker Hughes has announced a joint venture with Cactus, Inc., where ...
HOUSTON/LONDON - Baker Hughes (NASDAQ:BKR) announced Friday the final closing of its joint venture with Cactus, Inc. for its surface pressure control (SPC) product line, generating $344.5 million in ...
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