Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, ...

Cactus (NYSE:WHD) +1.1% in Wednesday's trading as Barclays upgraded shares to Overweight from Equal Weight with a $54 price ...

Cactus Companies has agreed to acquire a 65% controlling stake in Baker Hughes' Surface Pressure Control (SPC) business. The ...

Cactus Inc. WHD recently entered into an agreement with Baker Hughes Company BKR to acquire 65% of the Baker Hughes Surface ...

Cactus, Inc. (NYSE:WHD) has been upgraded by analysts at Barclays from Equal-weight to Overweight, raising the price target ...

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 agreed to acquire 65% and assume operational control of Baker Hughes' surface pressure control business for $344.5M.

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.

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, ...

following this week's acquisition of a 65% stake in Baker Hughes' surface pressure control business for $345M. Cactus (NYSE:WHD) made a "transformative deal," and the upgrade reflects confidence ...