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Deal Date: 26-08-2015 Practice Area: Corporate and M&A
Deal Title: Cameron Acquisition by Schlumberger Limited Industry: Oil Equipment, Services & Distribution
Description:
On August 26, 2015, Schlumberger Limited and Cameron jointly announced a definitive merger agreement in which the companies would combine in a stock and cash transaction valued at approximately USD14.8 billion. Cravath represented Cameron in connection with this transaction. Under the terms of the agreement, Cameron shareholders would receive 0.716 shares of Schlumberger common stock and a cash payment of USD14.44 in exchange for each Cameron share.
Financial Center: New York Value: 5000.01-10000.00
Advised Party: Target Company Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: United States
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Scott A Barshay