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Baker Hughes, CSL Capital Management and Goldman Sachs’ Merchant Banking Division Agree to Form North American Land Pressure Pumping Company

HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI), CSL Capital Management and West Street Energy Partners (WSEP), a fund managed by the Merchant Banking Division of Goldman Sachs, announced today an agreement to create a pure-play North American land pressure pumping company. The new company will leverage operational experience and industry expertise to provide customers with leading hydraulic fracturing and cementing services supported by the current Baker Hughes world-class technology portfolio.