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GlobalData on MSNCactus to buy 65% stake in Baker Hughes SPC businessCactus Companies has agreed to acquire a 65% controlling stake in Baker Hughes' Surface Pressure Control (SPC) business. The ...
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Cactus (NYSE:WHD) +1.1% in Wednesday's trading as Barclays upgraded shares to Overweight from Equal Weight with a $54 price ...
Cactus (WHD) announced that its subsidiary Cactus Companies has entered into a definitive agreement with certain subsidiaries ...
Cactus, Inc. (NYSE:WHD) has been upgraded by analysts at Barclays from Equal-weight to Overweight, raising the price target ...
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InvestorsHub on MSNCactus to Acquire Majority Stake in Baker Hughes’ Surface Pressure Control UnitCactus Companies (NYSE:WHD), a subsidiary of Cactus, announced plans to purchase a 65% controlling interest in Baker Hughes’ ...
Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, ...
Cactus also plans to capitalize the JV balance sheet with $70 million of operating cash at close, and Baker Hughes will contribute 35% of that cash which will be paid back to them over time.
Cactus Inc. will acquire 65% of Baker Hughes' Surface Pressure Control business, valued at $344.5M. The joint venture aims to ...
Cactus agreed to acquire 65% and assume operational control of Baker Hughes' surface pressure control business for $344.5M.
Cactus (WHD) tackles industry challenges with innovative wellhead designs & strategic moves to stabilize margins. Strong ...
The deal will provide Cactus with “improved access to important new non-tariff impacted markets” while allowing Baker Hughes ...
Baker Hughes and a subsidiary of Cactus agreed to form a new joint venture for surface pressure control services. The energy technology company will contribute its surface pressure control product, ...
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