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Baker Hughes Sharpens Portfolio Focus With $1.45B Waygate Sale

Source: zacks.com

M&A & RestructuringCompany Fundamentals
Baker Hughes Sharpens Portfolio Focus With $1.45B Waygate Sale

BKR is set to sell Waygate Technologies to Hexagon for $1.45 billion. The divestiture sharpens BKR’s focus on core businesses and frees capital for growth investments; the article gives no closing timeline or additional transaction terms.

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