GE in talks to buy oilfield services provider Baker Hughes: WSJ

The logo of Down Jones Industrial Average stock market index listed company General Electric(Reuters) – General Electric Co is in talks to buy No. 3 oilfield services provider Baker Hughes Inc , the Wall Street Journal reported on Thursday, citing people familiar with the matter. GE has approached Baker Hughes, but details of the talks couldn&;t be learned and the talks could fall apart before an agreement is reached, the WSJ said. Baker Hughes shares were up 13.7 percent at $62 in after-hours trading.

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