CHX STOCK ALERT

Halper Sadeh LLC Is Investigating Whether the Sale of ChampionX Corporation Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ChampionX Corporation (NASDAQ: CHX) to SLB for 0.735 shares of SLB common stock in exchange for each ChampionX share is fair to ChampionX shareholders. Upon closing of the proposed transaction, ChampionX shareholders will own approximately 9% of SLB’s outstanding shares of common stock.

Halper Sadeh encourages ChampionX shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether ChampionX and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for ChampionX shareholders; (2) determine whether SLB is underpaying for ChampionX; and (3) disclose all material information necessary for ChampionX shareholders to adequately assess and value the merger consideration.

On behalf of ChampionX shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240402311322/en/

The ChampionX Corporation Stock at the time of publication of the news with a fall of -0,60 % to 33,00USD on Tradegate stock exchange (02. April 2024, 10:35 Uhr).