Baker Hughes last week sold 65% of its surface pressure control business to a unit of equipment maker Cactus for $334.5 million. Meanwhile, Crane has been focusing on engineered products with a ...

Crane Company, a premier industrial manufacturing and technology company, announced that it has signed an agreement to acquire Precision Sensors& Instrumentation, a leading provider of sensor ...

In a release posted on its website on Monday, Baker Hughes announced an agreement to sell its Precision Sensors & Instrumentation (PSI) product line to Crane Company “for a total cash ...

--Baker Hughes, an energy technology company, announced Monday an agreement to sell its Precision Sensors& Instrumentation product line to Crane Company, a diversified manufacturer of engineered ...

Energy tech provider Baker Hughes Co. (BKR) has agreed to divest its Precision Sensors & Instrumentation (PSI) division to Crane Company (CR), in a deal valued at approximately $1.15 billion in cash.

We are raising our fair value estimate for narrow-moat-rated Crane to $161 from $157 following the company's announcement that it has agreed to acquire Baker Hughes' precision sensors and ...

Baker Hughes and Chart Industries announced in separate statements Tuesday that they have entered into a definitive agreement ...

The update followed Baker Hughes’ announcement that it was selling its PSI product line to Crane Company for $1.15 billion.

Crane Company reports strong Q2 growth with a 20% surge in core orders, record Aerospace & Electronics margins, and a strategic PSI acquisition.

Crane Company to Acquire Precision Sensors & Instrumentation from Baker Hughes Company Provided by Business Wire Jun 9, 2025, 5:30:00 AM ...

HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an agreement to sell its Precision Sensors & Instrumentation (PSI ...