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GE Begins Divestment Of Baker Hughes With $2.7 Billion Share Sale

2019-09-12 01:25:35| OGI

General Electric Co. (GE) on Sept. 11 said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.

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Category:Industrial Goods and Services

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