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Mergers and acquisitions

World news about “Mergers and acquisitions” published by euronews.

02/05 13:58 CET

Competition issues scupper Halliburton-Baker Hughes merger

Competition issues scupper Halliburton-Baker Hughes merger

Oilfield services provider Halliburton and smaller rival Baker Hughes have called off their merger after US and European anti-trust regulators said the tie-up could reduce competition and innovation. Worth $28 billion (24 billion euros) – it would have brought together…