Baker Hughes Announces Sale of Precision Sensors & Instrumentation Product Line to Crane Company
Provided By GlobeNewswire
Last update: Jun 9, 2025
HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company (NYSE: CR, “Crane”), a diversified manufacturer of engineered industrial products, for a total cash consideration of approximately $1.15 billion.
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