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Transocean Advances $5.8B Valaris Deal With Brazil Antitrust Nod
Source: zacks.com
M&A & RestructuringAntitrust & CompetitionCompany Fundamentals
RIG moved closer to its $5.8 billion acquisition of Valaris after receiving antitrust approval in Brazil. The deal would create a 73-rig fleet and is expected to generate $200 million in cost synergies.
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