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SLB delays ChampionX deal closure to early second quarter
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SLB delays ChampionX deal closure to early second quarter
Feb 25, 2025 4:36 AM

Feb 25 (Reuters) - U.S. oilfield services firm SLB

said on Tuesday it now expects its buyout of ChampionX ( CHX )

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)

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