Keeping that in sight, Schlumberger has probably acquired Cameron at a very cheap price -- at arguably the lowest point of the business cycle. Schlumberger could use the next few years integrating ...

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.

HOUSTON--(BUSINESS WIRE)--Schlumberger Limited (NYSE:SLB) announced today that it has closed its merger with Cameron International Corporation. As previously announced, each Cameron stockholder is ...

Cameron (CAM) manufactures equipment for deepwater drilling. By merging with Cameron, Schlumberger believes it can create a company with a more attractive offering.

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 deal allows Schlumberger to diversify into the energy equipment supply business. Cameron International Corp. (NYSE: CAM) announced that its stockholders overwhelmingly approved Schlumberger ...

Cameron and Schlumberger already work closely together in their OneSubsea joint venture, focused on integrating their deepwater offerings. That wouldn't seem to be a great business right now.

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 ...

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 ...

Schlumberger will contribute $600 million, along with its Framo, Surveillance, Flow Assurance and Power and Controls businesses. Cameron will manage the venture and retain 60 percent ownership.

HOUSTON (AP) — Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse.Cameron was the maker of the ...

When oilfield services giant Schlumberger announced its intent to acquire a non-competitor -- Cameron International-- late last month, it left many investors and industry watchers puzzled. Why on ...