Cactus Inc. WHD recently entered into an agreement with Baker Hughes Company BKR to acquire 65% of the Baker Hughes Surface ...

Cactus Companies has agreed to acquire a 65% controlling stake in Baker Hughes' Surface Pressure Control (SPC) business. The ...

Cactus upgraded at Barclays following this week's acquisition of a 65% stake in Baker Hughes' surface pressure control ...

Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, ...

The deal will provide Cactus with “improved access to important new non-tariff impacted markets” while allowing Baker Hughes ...

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, Inc. (NYSE:WHD) has been upgraded by analysts at Barclays from Equal-weight to Overweight, raising the price target ...

Baker Hughes Company (NASDAQ:BKR) and Cactus Inc. (NYSE:WHD) announced a new joint venture, with Baker Hughes contributing ...

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, ...

Cactus to become majority owner and operator of Baker Hughes’ surface pressure control product line, with Baker Hughes retaining 35% stake Joint venture combines complementary portfolios to lead ...

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.