Activist Ananym Capital sees upside if Baker Hughes spins off its oilfield services business
1. Ananym Capital urges Baker Hughes to spin off oilfield services. 2. Spin-off could boost stock price by 60%, according to Ananym. 3. Baker Hughes has strong performance metrics: 232.98% returns over 5 years. 4. IET segment expected to drive major revenue growth in upcoming years. 5. Management's initiatives focus on reducing commodity volatility impact on earnings.