SLB's bid for S&P Global's geoscience software approved in Australia
( July 23, 2026, 02:24 GMT | Official Statement) -- MLex Summary: SLB's proposed acquisition of S&P Global Inc.'s geoscience and engineering software portfolio has been approved by Australia's competition watchdog following a Phase 1 review. The Australian Competition & Consumer Commission on Wednesday said the transaction is unlikely to substantially lessen competition because S&P Global's geoscience software business has a very limited presence in Australia, the increase in SLB's market share would be low, and multiple alternative suppliers would remain.Statement follows. Determination attached. ...
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