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Europe Daily Bulletin No. 11467

14 January 2016
Contents Publication in full By article 10 / 21
ECONOMY - FINANCE - BUSINESS / (ae) competition
Investigation into planned acquisition of Baker Hughes by Halliburton

Brussels, 13/01/2016 (Agence Europe) - On Tuesday 12 January, the European Commission announced that it had opened an in-depth investigation into the planned acquisition of Baker Hughes by its competitor Halliburton, which would seal the union between the second and third-largest suppliers of petroleum services in the world.

The Commission's preliminary investigation flagged up potential serious competition issues regarding more than 30 lines of products and services, both on and offshore....

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