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HOUSTON–(BUSINESS WIRE)–Baker Hughes Incorporated (NYSE:BHI) and Accepted Electric Aggregation (NYSE:GE) appear today that the European Commission has austere the proposed transaction amid Baker Hughes and GE’s oil and gas business beneath EU alliance ascendancy rules. The companies abide assured in the amount that the accumulated aggregation will bear to its customers, employees, shareholders and to the oil and gas industry. Baker Hughes and GE abide to assignment constructively with regulators and apprehend to aing the transaction in mid-2017.

About Baker Hughes

Baker Hughes is a arch supplier of oilfield services, products, technology and systems to the common oil and accustomed gas industry. The company’s 32,000 advisers today assignment in added than 80 countries allowance barter find, evaluate, drill, produce, carriage and action hydrocarbon resources. For added advice on Baker Hughes, visit: www.bakerhughes.com.

About GE

GE is the world’s Agenda Automated Company, transforming industry with software-defined machines and solutions that are connected, acknowledging and predictive. GE is organized about a all-around barter of knowledge, the “GE Store,” through which anniversary business shares and accesses the aforementioned technology, markets, anatomy and intellect. Anniversary apparatus added fuels addition and appliance beyond our automated sectors. With people, services, technology and scale, GE delivers bigger outcomes for barter by speaking the accent of industry. www.ge.com

About GE Oil &

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