SLB delays ChampionX deal closure to early second quarter

ChampionX

25/02/2025 12:15

Feb 25 (Reuters) - U.S. oilfield services firm SLB
 SLB.N  said on Tuesday it now expects its buyout of ChampionX
 CHX.O  to close by the end of the first quarter or early the
second quarter of 2025.
    The deal is still under antitrust review in other regions,
including Norway, where the country's competition regulator is
planning a phase II review. 
    The company, however, is legally permitted to close the
transaction in the U.S. 

 (Reporting by Seher Dareen in Bengaluru; Editing by Arun
Koyyur)
 ((Seher.Dareen@thomsonreuters.com; If in India call +91 74832
70128;))