Russia FAS may interfere with Halliburton and Baker Hughes deal.

FAS is slow in negotiating the purchase of Baker Hughes.

The Russian government may intervene in the world's largest merger in the oilfield services business, which US Baker Hughes and Halliburton perform. FAS has extended the review of an application filed by Russian structures of these companies to merge Russian assets. According to "the Kommersant", the transaction must be submitted to the government commission on foreign investments. The same situation has happened considering the acquisition of Russian Eurasia Drilling by Schlumberger, and then the buyer had to make a number of concessions to the Government of the Russian Federation. However, in the case of Baker Hughes and Halliburton sources of "the Kommersant" and experts do not expect special problems.

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