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Transocean Announces Agreement to Acquire Songa Offshore SE

TRANSOCEAN (RIG)  More Company Research Source: GlobeNewswire
Last transocean earnings: 4/30 04:16 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
PDF Strengthens Position as Undisputed Leader in Harsh Environment and Ultra-Deepwater DrillingIncreases Contracted Backlog by USD $4.1 Billion, to a combined total of USD $14.3 BillionGenerates Anticipated Annual Cost and Operational Synergies of approximately USD $40 MillionExpected to Be Accretive on an EBITDA, Operating Cash Flow, and Net Debt / EBITDA BasisRecommended by the Songa Offshore board of directors and supported by approximately 76.6% of the shareholders signing irrevocable pre-acceptance agreements ZUG, Switzerland, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Transocean Ltd. ("Transocean" or the “Company”) (NYSE:RIG) has reached an agreement with Songa Offshore SE (“Songa Offshore”) whereby it will, subject to certain conditions, make a Voluntary Exchange Offer (the “Offer”) to acquire 100 percent of the issued and outstanding shares of Songa Offshore, including shares issued before expiry of the offer period as a result of the exercise of warrants, convertible loans and other s [Read more]

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