Seadrill Limited /
Aquadrill LLC
Seadrill to acquire Aquadrill in all-stock transaction
- Valuation
- US$958m
- Stage
- Agreement signed
What happened
Seadrill Limited agreed to acquire Aquadrill LLC in an all-stock transaction. The deal values Aquadrill at approximately US$958 million.
Aquadrill owns eight offshore drilling units. The transaction is expected to close in mid 2023, subject to regulatory approvals and other customary conditions.
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Seadrill to acquire Aquadrill in all-stock transaction
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Expected close
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