Britain's competition regulator said on Wednesday it has launched an inquiry into oilfield services company SLB's proposed $8 billion deal to buy smaller rival ChampionX. The Competition and Markets Authority (CMA) said it is looking at whether the deal,

A UK regulatory agency said it is launching an investigation into SLB’s proposed $7.8 billion merger with ChampionX and whether the merger of the two oilfield services companies would harm the sector’s competitive balance.

The UK’s Competition and Markets Authority (CMA) has launched an inquiry into oilfield services company Schlumberger’s (SLB) proposed $8