Feb 25 (Reuters) - U.S. oilfield services firm SLB SLB.N said on Tuesday it now expects its buyout of ChampionX CHX.O to close by the end of the first quarter or early the second quarter of 2025.
The deal is still under antitrust review in other regions, including Norway, where the country's competition regulator is planning a phase II review.
The company, however, is legally permitted to close the transaction in the U.S.
(Reporting by Seher Dareen in Bengaluru; Editing by Arun Koyyur)
((Seher.Dareen@thomsonreuters.com; If in India call +91 74832 70128;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.