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Baker Hughes, Halliburton in talks to sell assets to Carlyle: Report

Halliburton and Baker Hughes
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Halliburton and Baker Hughes

Baker Hughes and Halliburton are in talks to sell a package of oilfield-service assets to the Carlyle Group, a U.S.-based private equity firm, The Wall Street Journal reported Thursday.

The sale could be valued at more than $7 billion and, while the talks between the three are not yet exclusive, they are far along, the Journal said.

The Carlyle Group, Baker Hughes and Halliburton all declined CNBC's request for comment.

Shares of Baker Hughes popped following the report, and held about 5 percent higher in afternoon trade. Halliburton's stock briefly spiked, before holding 0.2 percent lower.

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