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Tagged in merger

Noble Corporation and Maersk Drilling provide an update on the merger control process

Noble Corporation (NYSE: NE) (Noble) and The Drilling Company of 1972 A/S (CSE: DRLCO) (Maersk Drilling) on Tuesday (Apr12) provided an update on the ongoing merger control process for the business combination announced on 10 November 2021.At this …
Apr 13, 2022 / Curious

International Seaways Completes Merger With Diamond S Shipping

Highly Accretive Transaction Creates Second Largest U.S.-listed Tanker Company by Vessel Count and Third Largest by DwtInternational Seaways, Inc. (NYSE: INSW), one of the largest tanker companies worldwide providing energy transportation services …
Jul 16, 2021 / Curious

Keppel and Sembcorp Marine in Talks on Potential Merger to Create Stronger Player and Accelerate Pivot to the Energy Transition

Combined Entity better placed to compete for larger contracts and to pursue synergies arising from combined scale, footprint and capabilitiesOpportunity to accelerate pivot to the energy transition, including offshore renewables, while capitalizing …
Jun 24, 2021 / Curious

International Seaways and Diamond S Shipping Announce Merger

International Seaways, Inc. (NYSE: INSW) (INSW) and Diamond S Shipping Inc. (NYSE: DSSI) (Diamond S), two of the leading tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag …
Mar 31, 2021 / Curious

Vahana Offshore to Merge with Eversendai

Eversendai Corporation Bhd announced to undertake the proposed acquisition of 100% equity interest in Vahana Offshore (M) Sdn Bhd (Vahana) and its subsidiaries for a purchase consideration price of RM235 million which will be fully satisfied via the …
Jul 2, 2020 / Vessels

Floatel International - Update on merger process - extension of transaction agreement with Prosafe

Update on merger process - extension of transaction agreement with ProsafeFloatel International Ltd and Prosafe SE and have agreed to extend the long stop date in the transaction agreement from 31 December 2019 until 30 June 2020.Competition …
Jan 3, 2020 / Curious

DryShips Inc. Announces Shareholders’ Approval of Merger Agreement With SPII Holdings Inc.

DryShips Inc. (NASDAQ: DRYS), a diversified owner and operator of ocean-going cargo vessels, yesterday announced that, at a special meeting held Wednesday, its shareholders voted in favor of the proposal to authorize and approve the previously …
Oct 10, 2019 / Curious

MPC Capital and Zeaborn Strengthen Harper Petersen By Combining Their Shipbroking Activities

Formation of a leading commercial containership managerExpansion of competitive shipbroking servicesCommercial management of more than 160 vessels of various sizesHamburg-based Asset and Investment Manager MPC Capital AG (MPC Capital) and …
Sep 18, 2019 / Curious

Northern Offshore Announces Letter of Award for Jack-up ENERGY EMERGER

Northern Offshore Drilling Operations, Ltd., a wholly-owned subsidiary of Northern Offshore, Ltd., announced last Wednesday (Sep04) a firm Letter of Award (LOA) for the high-specification jack-up drilling unit “Energy Emerger” for work offshore Abu …
Sep 9, 2019 / Vessels

Prosafe and Floatel seek merger in challenging and changing market

Prosafe SE (Prosafe, Oslo Stock Exchange ticker PRS) and Floatel International Ltd (Floatel) have today signed an agreement to merge their respective businesses.The aim is to create a more robust company with improved services and geographical …
Jun 4, 2019 / Curious