CMA clears Schlumberger and ChampionX $8 billion merger

UK's CMA:

• COMPETITION AND MKTS - MERGER UPDATE: SCHLUMBERGER / CHAMPIONX

• UK'S CMA SAYS ACCEPTANCE OF UNDERTAKINGS IN LIEU: SCHLUMBERGER/CHAMPIONX DEAL

• CMA: ANTICIPATED ACQUISITION BY SLB OF CHAMPIONX WILL NOT BE REFERRED TO PHASE 2 PROBE

• UK'S CMA SAYS ANTICIPATED ACQUISITION BY SLB OF CHAMPIONX WILL NOT BE REFERRED TO AN IN-DEPTH, PHASE 2 INVESTIGATION