Eurasia Journal NewsRussia Oil Gas Magazine

Schlumberger and Cameron: Complete Merger for $14.4bn and 10% in Stock

Schlumberger Limited announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 shares of Schlumberger common stock and $14.44 in cash, in exchange for each Cameron share. Schlumberger has issued approximately 138 million shares pursuant to the …

READ MORE →