Seadrill kickstarts North Atlantic Drilling IPO On NYSE

OSLO Mon Nov 11, 2013 3:00am EST

OSLO Nov 11 (Reuters) - Seadrill, the world's largest offshore driller by market capitalisation, has begun the process of listing its spin-off company North Atlantic Drilling on the New York Stock Exchange, it said on Monday.

Morgan Stanley will be the global coordinator and lead bookrunner for the IPO.