The European Commission’s decision sets the table for the nearly $32 billion deal to close as soon as early July. All that remains to finalize the deal is a decision by the U.S. Justice Department and a vote by Baker Hughes shareholders slated for June 30.
The combination of Baker Hughes and GE Oil & Gas will create the world’s second-largest energy services company. The company will be called Baker Hughes, a GE company. The deal will leave GE with 62.5 percent of the combined Baker Hughes.
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