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GE To Lose Majority Control Of Baker Hughes With Up To $3 Billion Share Sale

2019-09-11 03:14:35| OGI

General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Sept 10.

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