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The sale price is 45.84-a-share price was 37.5 percent higher than Smith closing price on 18 February 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International. [27] [28] The merger was completed on August 27, 2010. [29]
Let's see what those numbers can tell us about how expensive or cheap Schlumberger (NYS: SLB) might be. The current price multiples First, we'll look at most investors' favorite metric: the P/E ratio.
A February 21, 2010 announcement said Schlumberger would acquire the company in an all-stock deal valued at $11.3 billion. The sale price of 45.84 per share was 37.5 percent higher than Smith's closing price on February 18, 2010. The deal was the biggest acquisition in Schlumberger history until their acquisition of Cameron International. [4] [5]
Original Cameron Iron Works Building. On the National Register of Historic Places Park Towers South, which was the former headquarters of Cameron. Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems ...
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Schlumberger brothers. Conrad Schlumberger (2 October 1878 in Gebweiler (Alsace-Lorraine) – 9 May 1936 in Stockholm) and Emile Henry Marcel Schlumberger (21 June 1884 in Gebweiler – 9 May 1953 in Val-Richer) were brothers from the region of Alsace-Lorraine, France, then a part of the German Empire. Their inventions in the area of geophysics ...
Schlumberger (SLB) closed at $29.65 in the latest trading session, marking a -1.53% move from the prior day.