SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) have made a significant move in the energy sector by announcing a definitive agreement for SLB to acquire ChampionX in an all-stock transaction, a decision that has garnered unanimous support from the ChampionX board of directors. This strategic acquisition signals a pivotal moment in the industry, particularly […]
Apergy, a Texan oilfield equipment company, has wrapped up its $4.4 billion acquisition of the upstream energy operations of Ecolab’s subsidiary Nalco Champion to create a new combined company called ChampionX. As part of the terms of the deal signed in late 2019, Apergy has assumed the upstream energy unit’s net debt of around $492 […]
Apergy acquisition of ChampionX : Texan oilfield equipment company Apergy has signed a deal worth about $4.4 billion to acquire the upstream energy operations of Ecolab’s subsidiary Nalco Champion, as per the latest US oil and gas industry news. As part of the deal, Apergy will assume the upstream energy unit’s net debt of about […]