GE evaluating ‘exit options on Baker Hughes’ months after megamerger

Boston-based General Electric Co. (NYSE: GE) and Houston-based Baker Hughes Inc. closed on their megamerger over the summer, combining the latter with GE Oil & Gas to form Baker Hughes, A GE Company (NYSE: BHGE). 

Since then, GE has announced several changes and this week unveiled a major turnaround plan. The plan includes a variety of measures — from changes to executives’ paychecks to $20 billion of divestitures over the next year or two — and could lead to changes for Baker Hughes GE.

In…

Original published: 2017-11-15 12:11:21 Read the full Houston News here


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