oil & gas assets
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OFS - Apergy turns into ChampionX as $4.4B merger completed - June 2020



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Apergy Corp. completed its $4.39 billion merger with ChampionX Holding Inc., the upstream oil and gas spinoff from Ecolab Inc. The combined company is now named ChampionX Corp., and its CHX ticker symbol replaced APY on the NYSE on June 4. Ecolab equity holders own about 62% of ChampionX with former Apergy equity holders owning 38%. The companies’ leadership stuck with the merger plan announced in December despite the downturn, arguing that the deal......
 
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