department of justice

Citgo Gets U.S. Subpoena Related to Venezuela Bribery Probe

June 3, 2019

From Bloomberg American unit of PDVSA has pledged full cooperation with probe, Businessman last week admitted to bribery for contracts Citgo Petroleum Corp. received a subpoena from the Department of Justice stemming from an investigation into bribery in Venezuela, indicating that the U.S. government is finally turning its attention to the company after years of prosecuting individuals. The subpoena was handed

Is the Halliburton+Baker Hughes Combination “Unfixable”?

April 6, 2016

DOJ sues Halliburton over antitrust concerns in Baker Hughes acquisition The Department of Justice today announced that it will sue Halliburton (ticker: HAL) over its planned $34 billion takeover of its next largest oilfield service competitor, Baker Hughes (ticker: BHI), over antitrust concerns. The combination of Halliburton and Baker Hughes would leave the combined company and Schlumberger (ticker: SLB) as

ValueAct Sued by DOJ Over Halliburton-Baker Hughes Acquisition

April 5, 2016

What defines a passive investor as opposed to an activist investor? The Department of Justice (DOJ) announced on Monday April 4, 2016, that legal action has been taken against ValueAct Capital for their activist investor position related to the merger agreement between Halliburton and Baker Hughes. The lawsuit alleges impropriety with the lead up to the merger and accuses ValueAct

Citgo Gets U.S. Subpoena Related to Venezuela Bribery Probe

Is the Halliburton+Baker Hughes Combination “Unfixable”?

ValueAct Sued by DOJ Over Halliburton-Baker Hughes Acquisition

Premium Content