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KM Financial Solutions | GE to cede majority control of Baker Hughes in $2.7 bln share sale
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GE to cede majority control of Baker Hughes in $2.7 bln share sale

11 Sep GE to cede majority control of Baker Hughes in $2.7 bln share sale

Posted at 00:50h in News by
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General Electric Co on Wednesday
said it plans to reduce its ownership in oil and gas company
Baker Hughes A GE Co to 38.4% from 50.4% at June-end,
and aims to raise $2.7 billion in the process.

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