SLB to Buy Service Firm ChampionX in $7.7B All-stock Deal
SLB will acquire ChampionX for $7.74 billion in an all-stock deal that puts a 14.6% premium on ChampionX’s April 1 closing price.
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Darren Barbee, senior editor at Hart Energy, is the point person for A&D transactions and a writer for Oil and Gas Investor magazine and website. Barbee has won several national and state awards for reporting in his 17 years as a journalist, including his work as a reporter for the Fort Worth Star-Telegram before joining Hart. He holds a master's degree in Information Systems from the University of Texas Arlington.
SLB will acquire ChampionX for $7.74 billion in an all-stock deal that puts a 14.6% premium on ChampionX’s April 1 closing price.
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