Cactus will acquire majority control of Baker Hughes' surface pressure control line, maintaining a 35% stake in a joint venture. Baker Hughes has announced a joint venture with Cactus, Inc., where ...
HOUSTON/LONDON - Baker Hughes (NASDAQ:BKR) announced Friday the final closing of its joint venture with Cactus, Inc. for its surface pressure control (SPC) product line, generating $344.5 million in ...