BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 16.Jun.2025, Words: 425) — Baker Hughes agreed to acquire Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum Incorporated in a $540mn all-cash transaction.
The acquisition will be funded with cash on hand and is expected to close in the fourth-quarter 2025 (4Q:25), subject to completion of all customary conditions and required regulatory approvals, according to Baker Hughes.
