GE begins divestment of Baker Hughes with $2.7 billion share sale

The U.S. conglomerate, which will lose majority control of Baker Hughes, said it would raise the amount through a public offering of 115 million Baker Hughes Class A shares priced at $21.50 each, and through a private sale of $250 million Class B Baker Hughes shares to the oilfield services provider.

from Moneycontrol https://ift.tt/2LpAX8q