BREAKING: Transocean to buy Songa Offshore

Switzerland-based offshore driller Transocean is buying its rival Norwegian-Cypriot offshore driller Songa Offshore for $3.4 billion.  Transocean has reached an agreement with Songa Offshore 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 […]

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