GE Nears $30 Billion Energy Deal With Baker Hughes, WSJ Reports

  • Plans to combine oil, gas business with oilfield services co.
  • New entity would be controlled by GE, trade publicly: WSJ

GE, Baker Hughes Combine Oil and Gas in New Company

General Electric Co. is nearing a deal valued at about $30 billion to combine its oil and gas business with Baker Hughes Inc., the Wall Street Journal reported.

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