Halliburton, Baker Hughes stockholders approve merger

Offshore staff

HOUSTON – The shareholders of both Halliburton and Baker Hughes have approved the proposed merger of the two companies. The next step is regulatory approval.

The companies are now responding to “second request” information sought by the US Justice Department in examining the merger for antitrust compliance.

Any discussion of divestitures is just speculation, said the companies, and in any case would require regulatory approval.

Completion of the “second request” step and subsequent regulatory decision on the merger is not expected until the second half of this year.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...