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New Deal


Announced

Baker Hughes to acquire AccessESP.

Synopsis

Baker Hughes, an oil field services companies, agreed to acquire AccessESP, an oil field equipment supplier. Financial terms were not disclosed. “Combining AccessESP’s alternative deployment technology with Baker Hughes’ world-class ESP capabilities creates a truly differentiated solution for our customers. This transaction reinforces Baker Hughes’ commitment to transforming our core business by focusing on leading, future-proof technologies that support growth opportunities and enhance our portfolio,” Maria Claudia Borras, Baker Hughes executive vice president of Oilfield Services.

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