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Halliburton and Baker Hughes abandon $34.6bn merger over regulatory issues

2016-05-03 01:00:00| Hydrocarbons Technology

US-based Halliburton and Baker Hughes have abandoned their previously announced merger valued at $34.6bn, due to opposition from the US and European regulators.

Tags: issues regulatory baker hughes

 

Halliburton And Baker Hughes Announce Termination Of Merger Agreement

2016-05-02 15:32:41| oilandgasonline Home Page

Halliburton Company and Baker Hughes Incorporated today announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. This Smart News Release features multimedia.

Tags: agreement baker termination announce

 
 

Report: U.S. Set to Block Baker Huges, Halliburton Deal

2016-04-06 04:23:20| Appliances - Topix.net

The Justice Department is preparing to file a lawsuit to block a proposed merger between Halliburton Co. and Baker Hughes Inc., the most recent sign that a takeover boom is meeting resistance from U.S. regulators and antitrust enforcers.

Tags: set report deal block

 

Halliburton cuts 5,000 more workers to cope with oil crash

2016-02-26 06:41:00| Oil & Gas - Topix.net

The shrinking of the oil industry picked up speed this week after Halliburton Co. announced it's cutting another 5,000 workers, or 8 percent of its remaining global workforce, to survive a lengthening crude market downturn.

Tags: oil workers crash cuts

 

Halliburton cuts a further 5,000 jobs

2016-02-26 01:37:14| BBC News | Business | UK Edition

Oilfield services provider Halliburton announced on Thursday it will cut 5,000 jobs as the company struggles amid falling oil prices.

Tags: jobs cuts halliburton

 

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