m_and_a
confidence high
sentiment positive
materiality 0.85
UK CMA clears SLB-ChampionX merger; closing expected July 16, 2025
SLB LIMITED/NV
- UK Competition and Markets Authority cleared the proposed all-stock acquisition of ChampionX by SLB.
- CMA approval was the last outstanding regulatory closing condition.
- Parties intend to consummate the merger on July 16, 2025.
- ChampionX will survive as an indirect, wholly owned subsidiary of SLB.
- Closing remains subject to satisfaction or waiver of remaining conditions.
item 8.01