Baker Hughes Inc.

Description

Baker Hughes has authorized Baker Hughes LLC to repurchase up to $3 billion of its common units from BHGE and GE. The company will use the proceeds from the sale of its BHGE LLC common units to repurchase its Class A shares. In addition, the company said it intends for BHGE LLC to issue new debt.

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Companies
Estimated Price
$3,000.0MM
Financing Type
Report Date