Deals
Halliburton Is Said to Face EU Objections to Baker Hughes Deal
- EU Statement of Objections would spell out regulatory concerns
- Deal has already faced three delays during EU review
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Halliburton Co.’s troubled bid to buy oil-services rival Baker Hughes Inc. faces a formal complaint from European Union regulators as soon as this month, adding to a court fight with U.S. antitrust officials.
A statement of objections would lay out concerns about how the deal would hurt competition throughout the EU, according to two people familiar with case, who asked not to be named, because the procedure isn’t public.