GE Nears Deal to Combine Oil-and-Gas Business With Baker Hughes, Sources Say – Wall Street Journal

GE Nears Deal to Combine Oil-and-Gas Business With Baker Hughes, Sources Say
Wall Street Journal
General Electric Co. is nearing a roughly $30 billion deal to combine its oil-and-gas business with Baker Hughes Inc., creating an energy powerhouse that would give GE a cost-effective way to play any recovery in the industry. GE plans to contribute …
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