Halliburton-Baker Hughes deal would face ‘pretty deep’ scrutiny

HOUSTON (Bloomberg) -- One of the biggest challenges for Halliburton Co. in its potential merger with energy rival Baker Hughes Inc. will be deciding what to lop off. Combining the world’s second- and third-largest oilfield service providers will draw scrutiny from antitrust regulators, and Halliburton probably will need to sell some pieces to secure approval of a deal, said Brad Handler, a New York-based analyst at Jefferies Group LLC. Together, the companies would dominate the $25 billion U.S. market for onshore fracing.


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Halliburton-Baker Hughes deal would face ‘pretty deep’ scrutiny Halliburton-Baker Hughes deal would face ‘pretty deep’ scrutiny Reviewed by Crude Oil Facilitators on 19:26 Rating: 5

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