National Oilwell Varco (NOV) paid $800M for Schlumberger's (SLB) Wilson oilfield equipment...

|About: National Oilwell Varco, Inc. (NOV)|By:, SA News Editor

National Oilwell Varco (NOV) paid $800M for Schlumberger's (SLB) Wilson oilfield equipment distribution business, according to an SEC filing. The deal was announced last month, but financial terms were not disclosed until today; the price is in line with analyst estimates.