SLB to acquire ChampionX Corporation in an all-stock transaction
HOUSTON: SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) announced today a definitive agreement for SLB to acquire ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. According to the terms of the agreement, ChampionX shareholders will receive 0.735 ordinary shares of SLB in exchange for each share…