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Deal Date: 31-10-2016 Practice Area: Corporate and M&A
Deal Title: Baker Hughes Combination with GE Oil and Gas Business Industry: Oil Equipment, Services & Distribution
Description:
Davis Polk advised Baker Hughes on its combination with GE's oil and gas business. The transaction was to be executed using a partnership structure, pursuant to which GE Oil and Gas and Baker Hughes would each contribute their operating assets to a newly formed partnership. GE was to have a 62.5% interest in this partnership and existing Baker Hughes shareholders would have a 37.5% interest through a newly NYSE-listed corporation.
Financial Center: New York Value: 5000.01-10000.00
Advised Party: Merger Party Law Firm
Merger Party Jurisdiction United States Merger Party Jurisdiction United States
Classification: Mergers
Lawyer George R Bason Jr
Further Information:
Description:
Formation of Baker Hughes, a GE Company - Official Announcement
Link :