Tag Archives: HOLDER | GE will sell its stake in Baker Hughes in the next 3 years

GE will sell its stake in Baker Hughes in the next 3 years

General Electric Co. GE, + 2.68% said Wednesday, reporting the second quarter results, that it is launching a program to fully monetize its ownership position in oil services company Baker Hughes Co. BKR, -2.81% for about three years. GE revealed Wednesday that it owned 377.4 million Baker Hughes shares, which …

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