Deals
Halliburton Poised to Offer Baker Hughes Deal Remedies to EU
- EU extended date to rule on Baker Hughes bid until June 23
- Later deadline will aid European Commission review of remedies
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Halliburton Co. was given more time by the European Union to come up with a package of asset sales that will assuage competition concerns over its takeover of oilfield services rival Baker Hughes Inc.
The company said Wednesday that it would offer the remedies soon, after the EU pushed back the deadline for reviewing the deal by 20 working days to June 23.