August 26, 2015 — Schlumberger Limited and Cameron today jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valued at approximately $14.8 billion. Cravath, Swaine & Moore LLP is representing Cameron in connection with this transaction. Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share. 

The Cravath team is being led by partners Scott A. Barshay, George F. Schoen and Keith Hallam and includes associates Rachael G. Coffey, Michael L. Arnold and Eric D. Rinder (M&A); partners Stephen L. Gordon and Lauren Angelilli and associate Ashley N. Elnicki (tax); partner Eric W. Hilfers and associates Jonathan J. Katz and Matthew J. Bobby (executive compensation and benefits); partner Christine A. Varney and associates Margaret Segall D'Amico and Jesse M. Weiss (antitrust); and partner Matthew Morreale (environmental).