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Bloomberg: Baker Hughes-backed BJ Services preparing for IPO

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eFinanceMarkets   Wednesday, 03/29/17 12:42:41 PM
Re: eFinanceMarkets post# 184
Post # of 194 
Bloomberg: Baker Hughes-backed BJ Services preparing for IPO
Fracking company BJ Services is preparing an IPO, just months after it was formed, Bloomberg reports.
Created by Baker Hughes (BHI +1.2%), a fund managed by Goldman Sachs and P-E firm CSL Capital Management, BJ Services plans to raise at least $300M in the IPO, according to the report.
BJ is North America’s largest pure-play oilfield pressure pumping company, with a combined capacity of 1.9M hydraulic horsepower.

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