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11hon MSN
Cactus (NYSE:WHD) +1.1% in Wednesday's trading as Barclays upgraded shares to Overweight from Equal Weight with a $54 price ...
1d
GlobalData on MSNCactus to buy 65% stake in Baker Hughes SPC businessCactus Companies has agreed to acquire a 65% controlling stake in Baker Hughes' Surface Pressure Control (SPC) business. The ...
Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, ...
2d
InvestorsHub on MSNCactus to Acquire Majority Stake in Baker Hughes’ Surface Pressure Control UnitCactus Companies (NYSE:WHD), a subsidiary of Cactus, announced plans to purchase a 65% controlling interest in Baker Hughes’ ...
Cactus Inc. will acquire 65% of Baker Hughes' Surface Pressure Control business, valued at $344.5M. The joint venture aims to ...
Cactus (WHD) announced that its subsidiary Cactus Companies has entered into a definitive agreement with certain subsidiaries ...
The deal will provide Cactus with “improved access to important new non-tariff impacted markets” while allowing Baker Hughes ...
Cactus also plans to capitalize the JV balance sheet with $70 million of operating cash at close, and Baker Hughes will contribute 35% of that cash which will be paid back to them over time.
Cactus (NYSE:WHD) said Monday it agreed to acquire 65% and assume operational control of Baker Hughes' (NASDAQ:BKR) surface pressure control business for $344.5M. The companies said they will form ...
Baker Hughes and a subsidiary of Cactus agreed to form a new joint venture for surface pressure control services. The energy technology company will contribute its surface pressure control product, ...
Cactus to become majority owner and operator of Baker Hughes’ surface pressure control product line, with Baker Hughes retaining 35% stake Joint venture combines complementary portfolios to lead ...
On Monday, Baker Hughes Company (NASDAQ:BKR) and Cactus Inc. (NYSE:WHD) announced a new joint venture, with Baker Hughes contributing its surface pressure control/SPC product line. Cactus will ...
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