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Dow Jones: GE in talks to buy Baker Hughes in potential $30B-plus deal

Published 10/27/2016, 06:43 PM
Updated 10/27/2016, 06:43 PM
Dow Jones: GE in talks to buy Baker Hughes in potential $30B-plus deal
  • Baker Hughes is in talks to buy the company.
  • With a $23B market cap, BHI could go for more than $30B in a takeover, given the typical premium, according to the report, which notes that a deal would rank as GE's biggest ever.
  • GE reportedly approached BHI about a takeover, but no other details are known.

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