---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-375358"
form_type: "8-K"
ticker: "SLB"
cik: "0000087347"
company_name: "SLB LIMITED/NV"
filed_at: "2026-08-31T10:58:46+00:00"
generated_at: "2026-08-31T11:00:14.055858+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# SLB to acquire Kelvion for ~$3.4B cash plus $0.7B debt, expanding data center business

## Summary
- Acquires Kelvion from Apollo and Triton for ~$3.4B cash plus ~$0.7B debt assumed; ~11x 2026E EBITDA pre-synergies.
- Kelvion 2026E revenue $2.3-2.4B, adj EBITDA $350-400M; data center revenue $1.2-1.3B.
- Expects ~$120M annual EBITDA synergies within 3 years; accretive to EPS and FCF per share in first 12 months post-close.
- Combined 2026 data center revenue >$2B, adj EBITDA ~$300M; targeting $4.5-5B revenue and $700-800M adj EBITDA by 2028.
- Expected to close H1 2027 subject to regulatory approvals; net debt/EBITDA stays within 1.5x target; reaffirms >$4B 2026 shareholder returns.

## SEC filing metadata
- accession: 0001193125-26-375358
- form_type: 8-K
- ticker: SLB
- cik: 0000087347
- company_name: SLB LIMITED/NV
- filed_at: 2026-08-31T10:58:46+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87347/000119312526375358/0001193125-26-375358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87347/000119312526375358/d106278d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-375358
- JSON: https://secwatch.observer/filing/0001193125-26-375358.json
- Plain text: https://secwatch.observer/filing/0001193125-26-375358.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.