Schlumberger Limited said it will merge with oilfield equipment maker Cameron in a stock and cash transaction valued at $12.7 billion that will create the world's largest oil-field services company.

Cameron shares jumped $19.53, or 46 percent, to $62 in premarket trading about two hours before the market open, while Schlumberger shares slipped 82 cents, or 1.1 percent, to $71.70.

Schlumberger Ltd, the world's No.1 oilfield services company, said it will acquire oilfield equipment maker Cameron International Corp in a deal valued at $14.8 billion. Cameron shareholders will ...

The $14.8 billion deal announced this morning calls for Schlumberger to pay out $66.36 per Cameron share (about 22% in cash and 78% in stock).

Cameron (CAM) stock is advancing after the company agreed to be sold to Schlumberger in a $14.8 billion deal. Schlumberger stock is falling 5.25% to $68.71 on heavy trading volume this morning ...

Cameron shares were up 41.4%, at $60.05 in its 52-week trading range of $39.52 to $74.89. The stock has a consensus analyst price target of $59.32. Story Continues ...

In their company presentation, Schlumberger and Cameron characterized the strategic rationale for their merger as “growth through integration of reservoir, well, and surface technology with ...

Schlumberger Ltd.'s (NYSE: SLB) proposed acquisition of Cameron International Corp. (NYSE: CAM) appears to be moving along according to plan. On Nov. 17, the U.S. Department of Justice ...

Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is entitled to receive 0.716 ...

Cameron shares jumped $19.53, or 46 percent, to $62 in premarket trading about two hours before the market open, while Schlumberger shares slipped 82 cents, or 1.1 percent, to $71.70.

Schlumberger Ltd., No. 10 on the Transport Topics Top 100 list of private carriers in North America, agreed to buy Cameron International Corp. for $14.8 billion, allowing the world’s largest oil ...