SLB /
Champion X
SLB to purchase Champion X in an all-stock deal
What happened
SLB agreed to purchase Champion X in an all-stock transaction. Champion X shareholders will receive 0.735 shares of SLB for each share of ChampionX stock.
The combination brings together SLB and Champion X’s production chemicals and artificial lift capabilities.
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SLB to purchase Champion X in an all-stock deal
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