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Baker Hughes-Akastor joint venture probed by UK CMA

( June 18, 2021, 08:29 GMT | Official Statement) -- MLex Summary: The planned merger of Baker Hughes' Subsea Drilling Systems business with Akastor's MHWirth is being probed by the UK Competition and Markets Authority. The CMA will decide by Aug. 13 whether the deal gives rise to competition concerns that warrant an in-depth probe.Statement follows....

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