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Provider: Pechala's Reports
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$25.00
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Provider: Pechala's Reports
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$15.00
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Provider: Reuters Investment Profile
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$20.00
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Provider: Plunkett Research, Ltd.
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$99.00
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Sevan Drilling ASA's Board Believes that Seadrill Ltd's Offer of NOK 3.95 per Share Undervalues Sevan Drilling's Assets
Sevan Drilling ASA announced that Sevan Drilling's Board believes that the price of NOK 3.95 proposed by Seadrill Ltd for each share in Sevan Drilling undervalues Sevan Drilling's assets and prospects, and represents a significant discount to latest analyst consensus net asset value estimates and target prices. Sevan Drilling stated that its Board will revert with formal opinions on the offer and further guidance for shareholders regarding any future action in due course, once the details of Seadrill's offer, financing solution and other propositions have been reviewed and considered.
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