This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

SLB closes ChampionX deal after navigating complex merger remedies

By Flavia Fortes ( July 16, 2025, 21:46 GMT | Comment) -- SLB, formerly known as Schlumberger, announced today it has completed its acquisition of rival oilfield service supplier ChampionX, 15 months after entering into the $7.8 billion transaction. The deal’s clearance was shaped by a patchwork of jurisdiction-specific remedies, reflecting the complexity of global merger enforcement. The lengthy reviews and rigorous regulatory approvals involved divestitures and behavioral conditions from antitrust regulators in Canada, the UK and Norway to allow the transaction.SLB, formerly known as Schlumberger, announced today it has completed its acquisition of rival oilfield service supplier ChampionX, 15 months after entering into the $7.8 billion transaction....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login