4 Big Oil Deals Return After Price Plunges, as Halliburton Moves First comentada em 17/11/2014 16:06 foguinho em 17/11/14 15:26 comentada em 17/11/2014 16:06 Big Oil Deals Return After Price Plunges, as Halliburton Moves First - Yahoo FinanceHalliburton Co.s deal for Baker Hughes Inc. may be just the start of big energy takeovers as oil prices slump.Crude has plunged to a more than four-year low amid a U.S. supply glut. That's making top energy companies, from equipment makers to oil explorers, cheaper for buyers that have the capital to survive and the confidence to strike. Halliburton, a $47 billion provider of oilfield services and equipment, approached Baker Hughes about a combination several weeks ago, a time when the target was trading near its cheapest price in more than a year. The forces that drove them together will likely spur on other dealmaking as well.General Electric Co. could go after National Oilwell Varco Inc., a $31 billion energy equipment company, to show it's serious about being big in the industry after last year's purchase of pumpmaker Lufkin Industries Inc., said Royal Bank of Canada. The drop in crude prices could even make $123 billion BP Plc an acquisition candidate, said Oppenheimer Holdings Inc.Regulatory RoadblocksHalliburton will likely face antitrust scrutiny in its deal for Baker Hughes. The company said while it has agreed to sell businesses that generate as much as $7.5 billion in sales, it expects the amount required by regulators to be significantly less.
