Buyout Talks Between These Oil Sector Firms May Revive Amid M&A Wave

Baker Hughes (BHGE) is reportedly looking to resume takeover talks with Subsea 7, a U.K.-based company that offers construction and engineering services to the offshore energy industry, after the talks broke down earlier.

XAutoplay: On | OffNegotiations between Baker Hughes, which was formed by the merger of GE's (GE) oil and gas business with Baker Hughes, and Subsea 7 had collapsed over price but could resume, sources told The Wall Street Journal. Subsea 7 said it would not comment on...

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