Deals
Anton Oilfield Sells 20% Stake to Schlumberger for $82 Million
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China’s Anton Oilfield Services Group sold a 20 percent stake to Schlumberger Ltd., the world’s largest oilfield-services provider, Antonoil said.
Schlumberger purchased 423.4 million shares of Antonoil, the Chinese oilfield-services company said today in a statement. The shares are valued at HK$635 million ($82 million) based on Antonoil’s July 6 closing price.