- (PLX AI) - Maersk Drilling and Noble Corporation announce agreement to combine in all stock deal.
- • Maersk Drilling shareholders and Noble shareholders will each own approximately 50% of the outstanding shares of the combined company
- • Maersk Drilling Noble combined company is expected to have a normalized free cash flow potential of up to USD 375 million in 2023 and onwards
- • The combination is expected to generate estimated annual run-rate synergies of USD 125 million
- • Shares will be listed in both New York and Copenhagen
- • The transaction is targeted to close in mid-2022
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