![Halliburton in talks to buy Baker Hughes](https://i0.wp.com/www.offshoreenergytoday.com/wp-content/uploads/2014/11/Halliburton-in-talks-to-buy-Baker-Hughes-320x237.jpg)
“…the combination of the two oilfield services giants would be one of the biggest mergers in recent years…”
Schlumberger, the world’s largest oilfield services company, employs approximately 126,000 people representing more than 140 nationalities working in more than 85 countries. The company’s market capitalization is around $127.65 billion.
Following an article by The Wall Street Journal, Baker Hughes issued a separate statement confirming it “has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction.”
“These discussions may or may not lead to any transaction. Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it otherwise deems further disclosure is appropriate or required,” Baker Hughes said.
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