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HALLIBURTON / BAKER HUGHES

M.7477

HALLIBURTON COMPANY / BAKER HUGHES INTERNATIONALHALLIBURTON / BAKER HUGHES
May 1, 2016
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

M.7477 - HALLIBURTON / BAKER H UGHES

SECTION 1.2

Description of the concentration

On 16 November 2014, Halliburton and Baker Hughes reached an agreement under which Halliburton will acquire all of the outstanding shares of Baker Hughes in a stock and cash transaction. Both parties are U.S.-based global oilfield service providers. They provide various products and services to oil and gas exploration and production operators.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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