Editorial Details

Editorial

02 Nov 2016 Formation of Baker Hughes, a GE Company

Formation of Baker Hughes, a GE Company - GE and Baker Hughes entered into an agreement to combine GE's oil and gas business with Baker Hughes to "create a world-leading oilfield services provider". The combined business would have annual revenue of USD32bn per annum with operations in more than 120 countries. The business expected synergies of USD1.6bn to be realised by 2020. (Davis Polk advised Baker Hughes).

Financial Centre : New York
Law Firm : Davis Polk
Lawyer : George R Bason Jr

Practice Area : Corporate and M&A
Classification : Mergers
Sub-classification : 
Industry : Oil Equipment, Services & Distribution

Advised Party : Merger Party
Value : 5000.01-10000.00

Merger Party Jurisdiction : United States
Merger Party Jurisdiction : United States