
Transocean to Take Over Valaris Limited in $5.8 billion Share Deal
Transocean will acquire Valaris Limited in a $5.8 billion all-stock deal, forming a 73-rig offshore driller with ~$17 billion enterprise value and ~$10 billion combined backlog.

Transocean will acquire Valaris Limited in a $5.8 billion all-stock deal, forming a 73-rig offshore driller with ~$17 billion enterprise value and ~$10 billion combined backlog.

Diana Shipping has formalised its cash bid to purchase all remaining shares of Genco Shipping & Trading, reinforcing ongoing consolidation trends across the dry bulk fleet sector.
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