Noble corporation plc announces agreement to acquire diamond offshore drilling, inc.

Sugar land, texas , june 10, 2024 /prnewswire/ -- noble corporation plc ("noble") (cse: noble) (nyse: ne) and diamond offshore drilling, inc ("diamond") (nyse: do) announced today that they have entered into a definitive merger agreement under which noble will acquire diamond in a stock plus cash transaction. as part of the transaction, diamond shareholders will receive 0.2316 shares of noble, plus cash consideration of $5.65 per share for each share of diamond stock, representing an 11.4% premium to closing stock prices on june 7, 2024.
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