Deals
Global Energy Deals Now Higher Than 'Supermajor' Era of Late 90s
- Schlumberger-Cameron deal makes year most active in decades
- Deal volume of almost $260 billion in second quarter of 2015
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If there was any question over whether this year’s oil crash would give rise to a new era of energy megadeals, there isn’t anymore.
Schlumberger Ltd.’s proposed purchase of gear maker Cameron International Corp. for about $15 billion, announced Wednesday, helped make the last 12 months the most active in decades for global energy mergers.