You are here

Halliburton, Baker Hughes deal faces growing uncertainty

WHAT LIES AHEAD: The two companies agreed with the US Department of Justice to extend the date of the department's review of the deal. The transaction, which was supposed to close in the second half, is now expected to close by Dec 1.


GROWING doubts that regulators may not approve Halliburton Co's US$35 billion takeover of fellow oilfield services company Baker Hughes Inc this year has thrown up a high-reward opportunity for investors with an appetite for risk.

Typically, investors make money on mergers...