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Ensco PLC (ESV.N)

ESV.N on New York Stock Exchange

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Mon, Oct 8 2018

Deals of the day-Mergers and acquisitions

Oct 8 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Offshore driller Ensco to buy rival Rowan in $2.38 billion deal

Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, to take advantage of a nascent recovery in the sector fueled by strengthening oil prices.

UPDATE 3-Offshore driller Ensco to buy rival Rowan in $2.38 bln deal

Oct 8 Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, to take advantage of a nascent recovery in the sector fueled by strengthening oil prices.

CORRECTED-UPDATE 1-Offshore driller Ensco to buy Rowan in $2.38 bln deal

Oct 8 Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.

Offshore driller Ensco to buy Rowan in $2.38 bln deal

Oct 8 Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal, valued at $2.38 billion, to expand its rig fleet.

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