Baker Hughes, Cactus Announce Closing of Surface Pressure Control Joint Venture
(NASDAQ:BKR), Transaction strengthens balance sheet and liquidity with $344.5 million of cash proceeds before customary closing adjustments HOUSTON and LONDON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Friday the final closing of its previously announced joint venture with a subsidiary of Cactus, Inc., in which […]