Oil & Gas Drilling

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Paragon Offshore increases ownership in Prospector Offshore Drilling to 90.37 pct

Monday, 17 Nov 2014 05:25am EST

Prospector Offshore Drilling SA:Says Paragon Offshore plc reported that it has acquired additional 32,734,798 shares in Prospector at a price of 14.50 Norwegian crowns.After these transactions Paragon owns a total of 85,483,812 shares of Prospector, equal to 90.37 percent of outstanding shares of Prospector.

Paragon Offshore increases ownership in Prospector Offshore Drilling to 90.37 pct

Monday, 17 Nov 2014 05:25am EST

Prospector Offshore Drilling SA:Says Paragon Offshore plc reported that it has acquired additional 32,734,798 shares in Prospector at a price of 14.50 Norwegian crowns.After these transactions Paragon owns a total of 85,483,812 shares of Prospector, equal to 90.37 percent of outstanding shares of Prospector.

Paragon Offshore plc announces acquisition Of majority stake in Prospector Offshore

Monday, 17 Nov 2014 02:36am EST

Paragon Offshore plc:Has acquired 52,749,014 shares of Prospector Offshore Drilling SA.Paragon acquired the shares at a price of 14.50 Norwegian kroner per share, or $2.13 per share.Following this transaction, Paragon owns a total of 52,749,014 shares of Prospector, equal to 55.8 percent of the outstanding shares of Prospector.Paragon intends to launch a mandatory tender offer for the remaining outstanding shares of Prospector within four weeks as mandated by applicable Luxembourg and Norwegian law.

Paragon Offshore plc announces acquisition Of majority stake in Prospector Offshore Drilling SA

Monday, 17 Nov 2014 02:36am EST

Paragon Offshore plc:Has acquired 52,749,014 shares of Prospector Offshore Drilling SA.Paragon acquired the shares at a price of 14.50 Norwegian kroner per share, or $2.13 per share.Following this transaction, Paragon owns a total of 52,749,014 shares of Prospector, equal to 55.8 percent of the outstanding shares of Prospector.Paragon intends to launch a mandatory tender offer for the remaining outstanding shares of Prospector within four weeks as mandated by applicable Luxembourg and Norwegian law.

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Provider: GlobalData
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Provider: GlobalData
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