We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Schlumberger Ltd | NYSE:SLB | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.10 | 0.21% | 47.68 | 47.97 | 47.13 | 47.66 | 11,106,909 | 01:00:00 |
From May 2019 to May 2024
By James Marson
MOSCOW--Schlumberger Ltd.'s (SLB)collapsed $1.7 billion deal for a stake in Russia's largest onshore drilling company had a good chance of approval if the Western oil-services company had been more patient, the head of Russia's Federal Antimonopoly Service said Friday.
Schlumberger Wednesday backed out of the deal to buy a 45% stake of Eurasia Drilling Co., with an option to buy the rest of the company at a later date. The transaction, proposed in January and accepted by EDC, was expected to close in March.
But Schlumberger set a Sept. 30 deadline for approval of the deal by Russian officials, which never came.
"I think that if they had shown more patience, then there were good chances," Igor Artemyev, the head of the Federal Antimonopoly Service, was quoted as saying by Interfax news agency.
Write to James Marson at james.marson@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 02, 2015 04:48 ET (08:48 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year Schlumberger Chart |
1 Month Schlumberger Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
