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Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an agreement to form a new joint venture with a subsidiary of Cactus, Inc. (NYSE: WHD, “Cactus”), in which Baker ...
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Zacks.com on MSNCactus Forms JV With Baker Hughes, Boosts International PresenceCactus Inc. WHD recently entered into an agreement with Baker Hughes Company BKR to acquire 65% of the Baker Hughes Surface Pressure Control Business. Cactus’ subsidiary, Cactus Companies, LLC, signed ...
Cactus (WHD) announced that its subsidiary Cactus Companies has entered into a definitive agreement with certain subsidiaries of Baker Hughes Company (BKR) to acquire 65% and assume operational ...
Cactus and Baker Hughes signed a deal to create a joint venture consisting of the latter's surface pressure control business. Image by JHVEPhoto via iStock Cactus Inc. and Baker Hughes have signed ...
Baker Hughes said on Monday it will sell its precision sensors and instrumentation (PSI) product line to aerospace and ...
Cactus will acquire majority control of Baker Hughes' surface pressure control line, maintaining a 35% stake in a joint venture. Baker Hughes has announced a joint venture with Cactus, Inc., where ...
Cactus will own 65% and lead operations of SPC joint venture with Baker Hughes holding 35%. The deal boosts Cactus' presence in Middle East markets and strengthens visibility with a $600M order ...
According to InvestingPro data, Baker Hughes maintains a perfect Piotroski Score of 9, indicating strong financial health. The deal, announced Monday, will see Cactus assume operational control ...
Cactus to become majority owner and operator of Baker Hughes’ surface pressure control product line, with Baker Hughes retaining 35% stake Joint venture combines complementary portfolios to lead ...
Baker Hughes and a subsidiary of Cactus agreed to form a new joint venture for surface pressure control services. The energy technology company will contribute its surface pressure control product ...
Cactus (NYSE:WHD) said Monday it agreed to acquire 65% and assume operational control of Baker Hughes' (NASDAQ:BKR) surface pressure control business for $344.5M. The companies said they will form ...
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