April 13, 2020 / 12:17 PM / 3 months ago

Baker Hughes to take $15 bln goodwill impairment charge in first quarter

April 13 (Reuters) - Baker Hughes Co said on Monday it would take a $15 billion non-cash goodwill impairment charge in the first quarter.

The oilfield services provider also expects to take $1.8 billion in charges, primarily related to restructuring and impairment, of which about $1.5 billion will be recorded in the first quarter of 2020. (Reporting by Arathy S Nair in Bengaluru; Editing by Vinay Dwivedi)

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