Baker hughes' subsea drilling systems and akastor's mhwirth complete merger to form hmh

Houston & fornebu, norway--(business wire)--the merger of baker hughes' (nyse: bkr) subsea drilling systems business (sds) and akastor asa's (oslo: akast) wholly-owned subsidiary, mhwirth as (mhwirth), has been completed to form a global offshore drilling equipment company. the new company will be known as hmh (“the company”), and as previously announced, baker hughes and akastor own equal equity in the company. hmh combines integrated delivery capabilities, capital, renowned industry expertise
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