Baker Hughes Completes Divestiture of Its PCI Unit to Crane
Key Takeaways BKR completed the divestiture of its PSI unit to Crane for $1.15B.Baker Hughes transferred PSI technology, physical locations, tools and about 1,600 employees to Crane.BKR stated the move supports asset management, operational efficiency and disciplined investment priorities.Baker Hughes Company (BKR) has completed the divestiture of its Precision, Sensors and Instrumentation (PSI) unit to Crane Company (CR) . The key sensor and instrumentation brands under the PSI unit are Druck, Panametrics ...