UK's CMA Decides on Phase 1 Probe of Schlumberger / ChampionX Merger

Published: 2025-03-27 07:07:45 ET SLB

March 27 (Reuters) - Competition and Markets Authority (CMA):

* COMPETITION AND MKTS - MERGER UPDATE: SCHLUMBERGER / CHAMPIONX

* UK'S CMA: DECIDED SCHLUMBERGER / CHAMPIONX MERGER MAY RESULT IN SUBSTANTIAL LESSENING OF COMPETITION WITHIN MARKETS IN UK

* UK'S CMA SAYS SCHLUMBERGER/CHAMPIONX MERGER MAY BE EXPECTED TO RESULT IN A SUBSTANTIAL LESSENING OF COMPETITION Source text: Further company coverage: