SLB publishes transcript of conference call on Kelvion acquisition agreement

Reuters2026/08/31 15:14

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

SLB held a conference call on its agreement to acquire Kelvion, attended by the CEO, CFO, SVP of Investor Relations and Industry Affairs.
Deal terms: pay about USD 3.4 billion cash, assume about USD 0.7 billion debt; closing expected in 1H 2027.
Kelvion 2026 outlook: USD 2.3-2.4 billion revenue, USD 350-400 million adjusted EBITDA; data centers about 55% of revenue.
Targeted synergies: about USD 120 million annual EBITDA within three years; about USD 70 million from cost savings.
Accretion expected within 12 months post-close; combined data center revenue guided to USD 4.5-5 billion in 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

SLB publishes transcript of conference call on Kelvion acquisition agreement

You may also like

Crypto prices