Schlumberger (NYSE:SLB) is acquiring oilfield equipment maker Cameron International (NYSE:CAM) in a stock and cash transaction valued at $14.8B. <br /> <br /> Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 for each share held. <br /> <br /> The deal represents a 56.3% premium to Cameron's closing stock price on Tuesday. <br />