Seadrill limited announces agreement to acquire aquadrill llc in all-stock transaction

Hamilton, bermuda , dec. 23, 2022 /prnewswire/ -- seadrill limited (nyse: sdrl) (ose: sdrl) ("seadrill") and aquadrill llc ("aquadrill"; and together with seadrill, the "company") today announced that they have entered into a definitive merger agreement under which seadrill will acquire aquadrill in an all-stock transaction. upon completion of the transaction seadrill shareholders and aquadrill unitholders will own 62% and 38%, respectively, of the outstanding common shares in the company.
SDRL Ratings Summary
SDRL Quant Ranking