Transocean bid on Aker Drilling

Oil drilling contractor Transocean has made an all-cash voluntary offer for 100% of the shares of Norwegian rig owner Aker Drilling. The board of directors of Aker has approved the NOK26.50 ($4.87) per share offer made by Switzerland-based Transocean. Steven Newman, President and Chief Executive Officer of Transocean Ltd., said, “Aker Drilling is an excellent […]

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