UK Regulator May Accept SLB and ChampionX's Remedial Measures to Address Antitrust Concerns

Reported 8 days ago

Britain's competition regulator announced it could accept the remedial measures proposed by SLB and ChampionX to alleviate antitrust concerns related to their $8 billion merger. The companies have suggested divesting certain business units and licensing technologies to address the potential reduction in market competition. A final decision is expected by June 11, with the possibility of an extension to August 8.

Source: YAHOO

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