Transocean says Icahn has acquired 1.56 percent stake in firm

NEW YORK Sun Jan 13, 2013 8:39pm EST

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NEW YORK Jan 13 (Reuters) - Transocean Ltd has disclosed that billionaire investors Carl Icahn has acquired a 1.56 percent in the offshore rig contractor, according to a statement on its Web site.

Additionally, Icahn is seeking regulatory approval to acquire shares worth more than $682.1 million, according to the statement.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.