What is the latest news ??
6 replies (most recent on top)
Saw news today it's still on !!
Schlumberger is waiting for WFT "restructure" to clear debt. When they do this it changes the value of the deal and allows them to pick it up at a reduced cost. Many ways to delay the deal until this happens for them, remember they have had a look behind the curtain already.
Indeed, Glassdoor, LinkedIn Jobs, etc. get familiar with them if not already, you're going to need them.
The deal is in the toilet. Forget it.
falling apart... no deal and it was supposed to happen in June 2017
The close date keeps getting pushed back. It's now December 1 from what I've heard. I would guess that the deal is, for all practical purposes, dead. Schlum is smart enough to realize that WTF will implode and declare bankruptcy shortly. Then Schlum will buy up the pieces it wants at dollar store prices.
SLB are not paying the money