Business Wire (press release) | Baker Hughes closes tie-up with GE's oil & gas business Financial Times GE has contributed its existing oil and gas business and a top-up payment of $7.4bn for a 62.5 per cent stake in the combined group, with the remaining 37.5 per cent floated on the New York Stock Exchange. Existing Baker Hughes shareholders will ... Baker Hughes And GE Oil & Gas Complete Combination Baker Hughes and GE Oil & Gas Complete Combination, Creating the World's First and Only Fullstream Oil and Gas Company |