Shilpi Majumdar

4 days ago | gurutrade.com | POOJA MENON |Shilpi Majumdar |Sriraj Kalluvila

June 2 (Reuters) - Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, as the oilfield services provider focuses on its core businesses amid volatile oil prices. The companies will form a joint venture to hold the business, they said on Monday, with Baker Hughes retaining a 35% stake after the deal closes.

5 days ago | today.westlaw.com | POOJA MENON |Shilpi Majumdar |Sriraj Kalluvila

(Reuters) -Baker Hughes will sell 65% of its surface pressure control business to a unit of equipment maker Cactus for $344.5 million, as the oilfield services provider focuses on its core businesses amid volatile oil prices.

1 week ago | today.westlaw.com | Mrinalika Roy |Shilpi Majumdar |Tasim Zahid

(Reuters) -EOG Resources said on Friday it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica shale position. The Utica and Marcellus region is one of the world's most prolific and...

1 week ago | today.westlaw.com | Shilpi Majumdar |Aurora Ellis |JASPREET SINGH |David Shepardson

WASHINGTON (Reuters) -Amazon.com's self-driving unit Zoox issued a second software update to improve how its vehicles track nearby pedestrians and prevent movement when someone is close, following a crash in San Francisco earlier this month, the...

1 week ago | today.westlaw.com | Arasu Kannagi Basil |Pritam Biswas |Shilpi Majumdar

(Reuters) -Global Payments said on Wednesday it would sell its payroll division, Heartland Payroll Solutions, to financial technology firm Acrisure for $1.1 billion, marking the payments company's latest attempt at simplifying its business model....