- Title:
Merger Update: Schlumberger/ChampionX - Time:
11:00:00 - Date:
26 Nov 2024 - Category:
Acquisitions and alliances - ID:
5280N
Invitation to Comment: Schlumberger/ChampionX
The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that merger may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.
Invitation to comment: closes 10 December 2024
To assist it with this assessment, the CMA invites comments on the transaction from any interested party.
The CMA is issuing this preliminary 'invitation to comment' to allow interested parties to submit to the CMA any initial views on the impact that the transaction could have on competition in the UK. The CMA has not yet launched its formal investigation into this transaction. This invitation to comment is the first part of the CMA's information-gathering process.
These comments should be provided by the deadline set out above to:
Dora Pap
dora.pap@cma.gov.uk
Jeremy Chan
jeremy.chan@cma.gov.uk
Your name and contact details are your personal data. In collecting, receiving, storing, accessing and using your personal data, the CMA, as controller, is processing your personal data. The CMA processes personal data in accordance with data protection law. The CMA is processing your personal data so that it can contact you again, should it need further help or information from you, in order to carry out its merger work under Part 3 of the Enterprise Act 2002. For more information about how the CMA processes personal data and your rights relating to that data, please see our Privacy Notice.
Merger Update: Schlumberger/ChampionX11:00:0026 Nov 2024Acquisitions and alliances5280N