Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, as the oilfield services provider focuses on its core businesses amid ...

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 ...

Cactus will acquire majority control of Baker Hughes' surface pressure control line, maintaining a 35% stake in a joint venture. Baker Hughes has announced a joint venture with Cactus, Inc., where ...

Cactus Companies has agreed to acquire a 65% controlling stake in Baker Hughes' Surface Pressure Control (SPC) business. The SPC unit specialises in the design, manufacture and service of ...

Baker Hughes Company (NASDAQ:BKR) and Cactus Inc. (NYSE:WHD) announced a new joint venture, with Baker Hughes contributing ...

Cactus mentioned that the geographic footprint of the Baker Hughes Surface Pressure Control Business complements its existing operations in international markets and provides access to new markets ...

Cactus and Baker Hughes signed a deal to create a joint venture consisting of the latter's surface pressure control business. Image by JHVEPhoto via iStock Cactus Inc. and Baker Hughes have signed ...

Cactus will own 65% and lead operations of SPC joint venture with Baker Hughes holding 35%. The deal boosts Cactus' presence in Middle East markets and strengthens visibility with a $600M order ...

US industrial products manufacturer Crane Company will acquire the PSI product line which includes the Druck, Panametrics and ...

We believe the value realized in this transaction is a testimony to these product lines' quality and the potential they can ...