Ensco Buys Atwood In Downturn’s First Offshore Drilling Merger
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
$1,900.0MM
Description
Acquired Houston-based Atwood, which is a global offshore drilling company focused on the drilling and completion of exploration and development wells; includes the assumption of roughly $860MM of Atwood debt and $200MM in newbuild commitments.
Ensco Buys Atwood In Downturn’s First Offshore Drilling Merger