SLB agrees to buy Kelvion for about $4.1 billion
The sellers are Apollo Global Management and Triton.
SLB Acquirer · Kelvion Target · Apollo Global Management Seller · Triton Seller
The deal
- Type
- Acquisition
- Amount
- about $4.1B
- Structure
- approximately $3.4 billion in cash and will assume approximately $0.7 billion of debt
- Status
- Announced
- Valuation
- Not recorded
- Region
- Germany
- Date
- 31 August 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed