Halliburton's Baker Deal Faces Australian Regulatory HurdleBy and
Competition watchdog delays final decision on deal to Dec. 17
Takeover may create conditions for coordinated behavior
Halliburton Co.’s proposed purchase of Baker Hughes Inc. faces further regulatory scrutiny after Australia’s competition watchdog raised concerns that the $34.6 billion deal would shrink the number of suppliers for oilfield goods and services, particularly for offshore drilling.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.