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Schlumberger | progressing with the acquisition of Cameron


Schlumberger | progressing with the acquisition of Cameron

Schlumberger, the largest service provider in deposits worldwide, is progressing with the acquisition of Cameron International, a manufacturer of specialized equipment for the exploitation of oil.

The price of the agreement amounts to 14.8 bn. Dollars in cash and stock. Cameron shareholders will receive $ 66.36 in cash and 0.716 shares of Schlumberger for each title they hold. The price is 56.3% higher than the price with which the share of Cameron closed on Tuesday, the last day before the announcement of the agreement.