Close the acquisition of ChampionX
Delivered after the deadline (197 days after the deadline)
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 2 Apr 2024
- Due
- 31 Dec 2024
- Delivered
- 16 Jul 2025
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“It is anticipated that the closing of the transaction will occur before the end of 2024.”
What we found
Evidence strength A What the grades mean
Schlumberger did not close the acquisition of ChampionX by the end of 2024 as originally anticipated; the transaction was completed on July 16, 2025.
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A Schlumberger 10-K filed 2025-01-22
“It is anticipated that the transaction will close in the first quarter of 2025.” ✓ confirmed on the page
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A Schlumberger 10-Q filed 2025-10-22
“On July 16, 2025, SLB acquired all of the outstanding shares of ChampionX in an all-stock transaction.” ✓ confirmed on the page
Market reaction: the shares moved -4.2% against the S&P 500 over the three sessions around the disclosure (21 Jan 2025 to 24 Jan 2025). What this measures
Checked 17 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +911 days
- 3 versions
-
Version 1 · original · stated 2 Apr 2024
Deadline 31 Dec 2024 (“before the end of 2024”) · wording expected
-
Version 2 · stated 25 Apr 2025
Deadline 30 Sep 2025 (“second quarter or early third quarter of 2025”) · wording expected
“will continue its collaboration with the CMA and other regulators toward an anticipated closing in the second quarter or early third quarter of 2025”
-
Version 3 · stated 31 Aug 2026
Deadline 30 Jun 2027 (“in the first half of 2027”) · wording expected
“The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the first half of 2027.”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of ChampionX
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to ChampionX shareholders’ approval; regulatory approvals; other customary closing conditions
- Depends on
- Regulatory, Shareholder, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2024-SLB-010274 · Corrections policy