Cactus Inc. WHD recently entered into an agreement with Baker Hughes Company BKR to acquire 65% of the Baker Hughes Surface ...

Cactus upgraded at Barclays following this week's acquisition of a 65% stake in Baker Hughes' surface pressure control ...

Cactus (WHD) announced that its subsidiary Cactus Companies has entered into a definitive agreement with certain subsidiaries of Baker Hughes Company (BKR) to acquire 65% and assume operational ...

Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, as the oilfield services provider focuses on its core businesses amid ...

Baker Hughes Company (NASDAQ:BKR) and Cactus Inc. (NYSE:WHD) announced a new joint venture, with Baker Hughes contributing ...

Cactus, Inc. (NYSE:WHD) has been upgraded by analysts at Barclays from Equal-weight to Overweight, raising the price target ...

Cactus mentioned that the geographic footprint of the Baker Hughes Surface Pressure Control Business complements its existing operations in international markets and provides access to new markets ...

The deal will provide Cactus with “improved access to important new non-tariff impacted markets” while allowing Baker Hughes ...

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 ...

Cactus will own 65% and lead operations of SPC joint venture with Baker Hughes holding 35%. The deal boosts Cactus' presence in Middle East markets and strengthens visibility with a $600M order ...

Cactus also plans to capitalize the JV balance sheet with $70 million of operating cash at close, and Baker Hughes will contribute 35% of that cash which will be paid back to them over time.

following this week's acquisition of a 65% stake in Baker Hughes' surface pressure control business for $345M. Cactus (NYSE:WHD) made a "transformative deal," and the upgrade reflects confidence ...