Halliburton Co. and Baker Hughes Inc. plan to divest more businesses to complete the energy giants' $34.6 billion merger.
The combined 2013 revenue of the businesses to be divested was approximately $5.2 billion, according to a Sept. 28 statement from the company.
Halliburton will sell off its liner hangers business, which is part of its completion and production division.
Baker Hughes will sell its core completions business, sand control business in the Gulf of Mexico, and offshore cementing businesses in Australia, Brazil, the Gulf of Mexico, Norway and the United Kingdom.
Halliburton had previously previously announced the sale of its fixed cutter and roller cone drill bits, directional drilling and logging-while-drilling/measurement-while-drilling businesses.
In addition to the divestitures, the companies also announced that the closing date of their merger has been extended to Dec. 15.
The closing date was first pushed back in July, which gave the Department of Justice until Nov. 25 to review the deal. However, Halliburton added at the time that the review could extend into 2016. When the deal was announced last November, it was expected to close in the second half of 2015. Meanwhile, sources familiar with Halliburton's job cuts reported that the company could cut roughly 20,000 employees worldwide, many of which are employed in Houston.
The company said the cuts are due to the energy industry's downturn and aren't related to the merger. Halliburton and Baker Hughes are the sixth- and seventh-largest energy employers in Houston, respectively.