NEW YORK (Bloomberg) -- Of all the megamergers announced this year, Halliburton Co.’s $35 billion takeover of Baker Hughes Inc. is promising the most aggressive cost cuts. Halliburton says it can slash $2 billion after acquiring its similar-sized rival. That’s the biggest estimate of any deal valued at $20 billion or more that’s been announced this year, according to data compiled by Bloomberg. Even deals twice its size -- such as Comcast Corp.’s purchase of Time Warner Cable Inc. and Actavis Plc’s merger with Allergan Inc. -- are projecting fewer synergies.
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Halliburton's $2 billion cost-cut claims top those of other buyers
![Halliburton's $2 billion cost-cut claims top those of other buyers]()
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