NEW YORK: Oil-services companies Halliburton and Baker Hughes pushed back the time frame Tuesday for completing their proposed merger after US antitrust officials rejected their latest divestment remedies.

The two companies, seeking to combine to take on market leader Schlumberger, set April 30, 2016, as the deadline for completing the deal. In September, the companies had pushed back the time frame by three weeks to December 15.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details