Mergers & Acquisitions Mergers & Acquisitions

Comment: SLB, ChampionX shares in Brazil artificial lift market are high, but deal still eligible for fast-track review

By Flavia Fortes
  • 08 Jul 2024 19:57
  • 08 Jul 2024 19:57
SLB and ChampionX say their combined shares in the Brazilian artificial lift market would surpass 30 percent, which generally requires notification under the full-form procedure, but a small increase in concentration overall means the $7.8 billion deal is still eligible for fast-track review.
The companies had argued they don’t directly

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Flavia Fortes

Global Head of Mergers

Flavia writes about merger control, antitrust enforcement and litigation in the U.S. and Brazil. Before joining MLex, Flavia worked as an Antitrust Consultant in the Federal Trade Commission's Office of International Affairs and as a Research Fellow for the American Antitrust Institute. She has written on the intersection of antitrust law and intellectual property law in technology-driven and innovative markets.

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