When is the merger expected to close?

The parties intend to close the transaction on April 1, 2016.

Was the MOFCOM approval conditional?

No, the MOFCOM approval was granted without any conditions.

What does MOFCOM approval signify for the merger?

MOFCOM approval signifies that a major regulatory hurdle has been cleared, and it is the last significant condition required before the transaction can be closed.

SLB 8-K SEC Disclosure — Mar 25, 2016

Q: What is the main event reported in this 8-K filing?

The main event is the announcement that the Chinese Ministry of Commerce (MOFCOM) has granted unconditional approval for the proposed merger between SLB and Cameron International Corporation.

Summary

This 8-K filing from SLB LIMITED/NV (SLB) reports a significant development regarding its proposed merger with Cameron International Corporation. On March 25, 2016, both companies announced that the Chinese Ministry of Commerce (MOFCOM) has granted unconditional approval for the merger. This clearance represents the final major hurdle in the acquisition process. With MOFCOM's approval secured, SLB and Cameron International Corporation are proceeding to close their transaction on April 1, 2016. This development is highly positive for SLB investors as it signals the imminent completion of a strategic merger that is expected to create a more comprehensive oilfield services offering.

Key Highlights

1MOFCOM unconditional approval granted for the merger between SLB and Cameron International Corporation.
2MOFCOM approval is the last major closing condition for the transaction.
3The parties intend to close the merger on April 1, 2016.
4This filing indicates the successful navigation of a key regulatory requirement in a major jurisdiction.
5The merger completion is expected to enhance SLB's market position and service capabilities.

SLB LIMITED/NV 8-K Report, Corporate Update (Mar 25, 2016)

Summary

Key Highlights

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