Finance

SLB wins final approval for $7.8 billion merger

UK Competition & Markets Authority gives green light to SLB’s acquisition of ChampionX, which should close on Wednesday

SLB chief executive Olivier Le Peuch speaks on a panel during the CERAWeek by S&P Global energy conference in Houston, earlier this year.
SLB chief executive Olivier Le Peuch speaks on a panel during the CERAWeek by S&P Global energy conference in Houston, earlier this year.Photo: REUTERS/SCANPIX
North America Energy CorrespondentBaton Rouge
Published 15 July 2025, 15:29Updated 15 July 2025, 15:29
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