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GE Oil & Gas

Company Summary

Description

GE Oil & Gas Inc. provides equipment and services to the oil and gas industry worldwide. The company specializes in various areas ranging from the provision of oil and gas drilling equipment and subsea systems to turbomachinery solutions and downstream processing.

Website

http://www.bloomberg.com/research/stocks/private/s...

Operational Regions

  • Worldwide

Related Entities

Recent news

Company Transactions

Date: 7/3/2017
Type: Acquisition

BUYERS:
  • GE Oil & Gas
  • SELLERS:
  • Baker Hughes
  • DETAILS:

    COST: 32 $B

    NOTES:
    Under the terms of the deal, Legacy Baker Hughes shareholders own 37.5% interest in the combined entity and will receive a one-time special dividend of $17.50 per share.
    REGIONS:
  • Worldwide