Baker Hughes stock: Waygate sale closes for $1.45 billion

Published on 11/05/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Baker Hughes completed the Waygate sale to Hexagon in an all-cash transaction. Baker Hughes stock traded at 44.45 euros in Berlin on Thursday.

Waygate Sale Reshapes Baker Hughes

Baker Hughes completed the sale of Waygate Technologies to Hexagon on November 2.
The transaction strengthens the balance sheet and supports a sharper portfolio focus.
The divestiture transfers inspection and imaging businesses while Baker Hughes remains focused on energy technology.

Baker Hughes Co., US05722G1004, Illustration mit AI erstellt.

Baker Hughes completed the sale of its Waygate Technologies business to Hexagon on Monday, November 2, in an all-cash transaction. The company said in its press release that the deal is valued at approximately 1.45 billion US dollars before customary closing adjustments.

Balance Sheet Gains Flexibility

Baker Hughes said the divestiture provides pre-tax cash proceeds of approximately 1.45 billion US dollars and further strengthens its balance sheet. Management also linked the transaction to disciplined portfolio management and more durable earnings and cash flow.

The sale covers Waygate's remote visual inspection, ultrasound, radiography and imaging solutions. It also transfers the business's intellectual property, footprint and resources to Hexagon.

What Changed Since The Last Report

The completed transaction is the latest step in Baker Hughes' portfolio reshaping as the company focuses on energy and industrial technology. In the latest relevant own report on October 29, the quote stood at 48.71 euros. Baker Hughes stock traded at 44.45 euros on Lang & Schwarz at 15:42 CET on Thursday, November 5, 2026. That is a change of 8.75% from the earlier quote.

For investors, the cash proceeds improve financial flexibility, while the strategic effect depends on how Baker Hughes deploys the proceeds and advances its remaining portfolio. The real-time quote of Baker Hughes stock provides the latest trading view.

US market sentiment remains an important backdrop for the shares; see the S&P 500 market overview.

More news and analyses on Baker Hughes stock.