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Seadrill completes the integration of the tender rig business into SapuraKencana

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Seadrill completes the integration of the tender rig business into SapuraKencana

Seadrill and SapuraKencana have today completed the previously announced transaction pursuant to the conditional SPA. The agreed upon acquisition price is for an enterprise value of US$2.9 billion, which includes cash, SapuraKencana shares, all debt in the tender rig business, and Seadrill’s future capital commitments for newbuilds. More: Have you not booked your cheapest Cruise […]