Brussels, 27/07/2010 (Agence Europe) - The European Commission decided on Monday 26 July to approve under the EU Merger Regulation the proposed acquisition of Smith International Inc. by Schlumberger Limited. Both companies are US-based oilfield services providers. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.
Schlumberger supplies...