Baker Hughes Closes Sale of Waygate Technologies to Hexagon

Impact · against what's priced in

The $1.45 billion cash infusion for Baker Hughes provides a modest balance sheet boost but does not address the primary market concern regarding IET backlog conversion. For Hexagon, the acquisition represents a strategic expansion of capabilities.

BKR+0.10: Not in the price yet
In context: The $1.45 billion cash sale of Waygate Technologies is a discrete balance sheet event that does not directly impact the market's skepticism toward converting the $37.1 billion IET backlog into revenue growth.
What BKR's price assumes · Sep 22

Baker Hughes Closes Sale of Waygate Technologies to Hexagon

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Baker Hughes Closes Sale of Waygate Technologies to Hexagon

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First Hydrogen Definitive Agreement with RoboticsCo Approved

Baker Hughes Closes Sale of Waygate Technologies to Hexagon

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First Hydrogen Definitive Agreement with RoboticsCo Approved

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Baker Hughes Closes Sale of Waygate Technologies to Hexagon

What matters in this story

How each ticker is affected

Next reads from the same story arc

First Hydrogen Definitive Agreement with RoboticsCo Approved

Baker Hughes Closes Sale of Waygate Technologies to Hexagon

What matters in this story

How each ticker is affected

Next reads from the same story arc

First Hydrogen Definitive Agreement with RoboticsCo Approved

Track these names every morning.

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