Tag: $28 billion

Halliburton and Baker Hughes scrap $28 billion merger

Mon May 2, 2016/Reuters By Mike Stone Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The tie-up would have brought together the world’s No. 2 and […]