GE seeks to raise $4 billion with sale of Baker Hughes stake

GE seeks to raise $4 billion with sale of Baker Hughes stake
14 November 2018, News Wires — General Electric Co on Tuesday unveiled a plan to raise about $4 billion by accelerating a proposed sale of a stake in oilfield services provider Baker Hughes, its latest move to simplify its businesses and reduce debt. Under the deal, the Boston-based industrial conglomerate will sell up to 101.2 million … More »

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