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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. The merger was completed on August 27, 2010.
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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.
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The 10-second takeawayFor the quarter ended Dec. 31 (Q4), Schlumberger Limited beat expectations on revenues and beat slightly on earnings per Schlumberger Limited Beats Analyst Estimates on EPS ...
The FTSE All-Share aggregates the FTSE 100, FTSE 250 and FTSE SmallCap. Weighting. In the FTSE indices, share prices are weighted by free-float capitalisation, so that the larger companies, with more of their stock "floating", make more of a difference to the index than smaller companies. The basic formula for these indices is:
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