On Monday, Transocean Ltd announced the acquisition of Valaris Ltd. for $5.8 billion. The deal marks a new chapter in the offshore drilling industry.
French private equity firm Antin Infrastructure Partners, Paris, has agreed to acquire shipbuilding and repair company Vigor Marine Group, Portland, Ore., from an affiliate of Lone Star Funds, Dallas.
Transocean Ltd. on Monday announced it has agreed to acquire Valaris Ltd. in an all-stock transaction valued at about $5.8 billion, combining two of the largest offshore drilling contractors into a single company with an enterprise value of roughly $17 billion.
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