It's a $15 billion oil mega-merger
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(Reuters) - Schlumberger Ltd, the world's No.1 oilfield services company, said it will acquire oilfield equipment maker Cameron International Corp in a deal valued at $14.8 billion.
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Cameron shareholders will get $66.36 - $14.44 in cash and 0.716 of a Schlumberger share - for each share held.
The offer represents a premium of 56.3 percent to Cameron's Tuesday close.
(Reporting by Sneha Banerjee in Bengaluru; Editing by Savio D'Souza)
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