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Europe Daily Bulletin No. 11544

3 May 2016
Contents Publication in full By article 19 / 25
ECONOMY - FINANCE - BUSINESS / (ae) competition
Commission notes abandonment of Halliburton/Baker Hughes merger

Brussels, 27/04/2016 (Agence Europe) - On Monday 2 May, the European Commissioner for Competition, Margrethe Vestager, announced that she had taken note of the decision of Halliburton and Baker Hughes to abandon their planned merger.

In January this year, the European Commission announced that it had opened an in-depth investigation into the acquisition of Baker Hughes by its competitor, which would have sealed the union between the second- and third-largest providers of oilfield services...

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