Halliburton

Halliburton entered into a definitive agreement to acquire all outstanding Baker Hughes shares in a stock and cash transaction valued at approximately USD 34.6 billion, translating to USD 78.62 per Baker Hughes share. Upon completion of the transaction, Baker Hughes stockholders will own approximately 36% of the combined company. Halliburton has agreed to pay a fee of USD 3.5 billion if the transaction terminates due to a failure to obtain required antitrust approvals. The transaction is expected to close in the second half of 2015.


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