Oct 12 (Reuters) - Privately-held Champion Technologies Inc,which makes oilfield specialty chemicals, is seeking a sale thatcould value the company at about $2 billion, Bloomberg reported,citing people with knowledge of the matter.
Champion Technologies, which competes with Schlumberger NV, Halliburton Co and Baker Hughes Inc ,may strike a deal with a larger competitor, the agency said.
The company could not immediately be reached for comment byReuters outside regular U.S. business hours.
(Reporting by Sakthi Prasad; Editing by Daniel Magnowski)
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Keywords: CHAMPION DEAL/