What is the main purpose of this 8-K filing?

This 8-K filing announces that the U.S. Department of Justice has cleared the proposed merger between SLB and Cameron International Corporation without any conditions, granting early termination of the Hart-Scott-Rodino antitrust review period.

What is the significance of the Hart-Scott-Rodino Act clearance?

Clearance under the Hart-Scott-Rodino Act signifies that antitrust regulators have reviewed the proposed merger and found it unlikely to substantially lessen competition. Early termination means this review was completed sooner than the statutory waiting period would have typically allowed, removing a major regulatory obstacle.

Does this clearance guarantee the merger will be completed?

While this clearance is a very positive and significant step, it does not absolutely guarantee the merger will be completed. Other closing conditions stipulated in the merger agreement may still need to be met. However, the removal of antitrust concerns substantially increases the probability of the transaction closing.

Where can I find more information about this announcement?

The filing refers to a joint press release issued by SLB and Cameron International Corporation on November 17, 2015, which is attached as Exhibit 99.1 to this 8-K. Investors can review this press release for more detailed information.

SLB 8-K SEC Disclosure — Nov 18, 2015

Summary

SLB LIMITED/NV (SLB) filed an 8-K on November 17, 2015, reporting a significant development regarding its proposed merger with Cameron International Corporation. The key takeaway for investors is that the U.S. Department of Justice has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act. This means the antitrust review for the merger has been completed and cleared without any conditions. This clearance significantly de-risks the proposed transaction, indicating a higher probability of the merger closing as planned. Investors should view this as a positive step, removing a major regulatory hurdle that could have potentially delayed or altered the terms of the acquisition. The company has attached the joint press release as an exhibit to this filing, which provides further details on this development.

Key Highlights

1The U.S. Department of Justice has cleared the proposed merger between SLB and Cameron International Corporation.
2Early termination of the Hart-Scott-Rodino waiting period has been granted.
3The antitrust review was completed without any conditions imposed on the merger.
4This development removes a significant regulatory hurdle for the proposed transaction.
5The filing indicates a higher likelihood of the merger closing as originally planned.
6The company attached the joint press release dated November 17, 2015, as Exhibit 99.1.

SLB LIMITED/NV 8-K Report, Corporate Update (Nov 18, 2015)

Summary

Key Highlights

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