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Merger Update: Baker Hughes/Akastor JV

RNS Announcement

RNS Number : 2818H

Competition and Markets Authority

03 August 2021

Merger Found Not to Qualify:

The CMA has decided, on the information currently available to it, that the following merger does not qualify for investigation under the provisions of the Enterprise Act 2002:

Title of Merger case: Anticipated joint venture between Baker Hughes Holdings LLC and Akastor ASA

The text of this decision will be placed on the Competition and Markets Authority's web site at https://www.gov.uk/cma-cases as soon as is reasonably practicable.

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RNS metadata

Title: Merger Update: Baker Hughes/Akastor JV
Time: 07:00:06
Date: 3 Aug 2021
Category: Acquisitions and alliances
ID: 2818H