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Baker Hughes Sells Sensors Unit To Crane Company For $1.15 Billion
Summary
Baker Hughes (NASDAQ: BKR) sells Precision Sensors & Instrumentation unit to Crane Company (NYSE: CR) for $1.15B in cash. Move aligns with BKR's focus on core areas and boosts CR's aerospace, nuclear, and industrial capabilities. Expected to close by late 2025/early 2026.
Original Article
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Read Full ArticleArticle published on June 9, 2025 by benzinga