Press Release November 18, 2014

Halliburton and Baker Hughes Reach Agreement to Combine in Stock and Cash Transaction Valued at $38 Billion

Alston & Bird acted as counsel for Credit Suisse in its role as lead financial adviser to Halliburton in connection with the proposed transaction.

Halliburton will acquire Baker Hughes in a stock and cash transaction valued at $78.62 per Baker Hughes share, representing an equity value of $34.6 billion and enterprise value of $38.0 billion, based on Halliburton’s closing price on November 12, 2014, the day prior to public confirmation by Baker Hughes that it was in talks with Halliburton regarding a transaction. Upon the completion of the transaction, Baker Hughes stockholders will own approximately 36 percent of the combined company.

Advising Credit Suisse were partners Kevin Miller and Aaron Dixon.
Media Contact
Alex Wolfe
Communications Director

This website uses cookies to improve functionality and performance. For more information, see our Privacy Statement. Additional details for California consumers can be found here.