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Halliburton refiles bid for EU approval of Baker Hughes takeover

Nov. 27, 2015 12:34 PM ETHalliburton Company (HAL) StockHAL, BKRBy: Carl Surran, SA News Editor3 Comments
  • Halliburton (HAL -0.4%) refiles a request for European Union antitrust approval of its takeover bid for Baker Hughes (BHI +0.3%), four months after the EU rejected an earlier application because of insufficient data.
  • The European Commission reportedly will decide by Jan. 12 whether to clear the deal or open a full investigation.
  • U.S. antitrust regulators also also looking at the deal, while Canada, Kazakhstan, South Africa and Turkey have approved; Australia's antitrust agency raised concerns last month and will issue its decision on Dec. 17.

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