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CMA Probing Baker Hughes-Akastor Offshore Drilling JV

By Matthew Perlman ( June 18, 2021, 5:03 PM EDT) -- U.K. competition enforcers are investigating a planned deal between Baker Hughes and Akastor ASA to combine their offshore drilling equipment offerings through a 50-50 joint venture that's expected to generate more than $700 million in annual revenue....

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