"When will the divestitures take place?
It may take some time to find the right fit for these valuable businesses. As the goal is for the divested businesses to remain competitive, we want to ensure they are sold to buyers who will run them as such.
The eventual close of the divestitures is expected to coincide with the closing of our pending acquisition of Baker Hughes late in the second half of 2015."
Great article. Thanks for the info, very helpful. BTW, if anyone needs to fill out a standard form 425 fillable, I found one from PDFfiller.
3/4 of the $19 is already worked into current BHI share price. With financial pundits saying BHI share price will plummet to the $16-23 range if the deal falls through you have more courage than I do to ride that train to the end.
Rumors are nothing but wishful thinking. Some of us want our $19.00 per share.
Be patient. Think of it like trying to sell that 1997 Ford Taurus you've got in the driveway that is always in the way. It may take some time, but eventually the right person and right deal will come along. Meanwhile, stay focused on your daily routine.
Perhaps you'll share some day why you have such a hard on for the exceedingly few and inconsequential non-core businesses. The divestiture of non-core businesses have NOTHING to do with gaining regulatory approval. Getting regulatory approval is obviously the focus at the moment. Rumors are starting that the deal is beginning to fall apart.
Not all are valuable businesses! Some are non core and have no relation to oil industry services.