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Rowan Companies PLC (RDC.N)

RDC.N on New York Stock Exchange

12.12USD
18 Jan 2019
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Mon, Jan 7 2019

Canyon Capital Advisors warns it will oppose Rowan sale to Ensco

HOUSTON Hedge fund Canyon Capital Advisors has warned it would vote against the $2.38 billion sale of offshore driller Rowan Companies Plc to rival Ensco Plc , casting doubt on a combination that had signaled optimism about the future of offshore exploration.

UPDATE 1-Canyon Capital Advisors warns it will oppose Rowan sale to Ensco

HOUSTON, Jan 7 Hedge fund Canyon Capital Advisors has warned it would vote against the $2.38 billion sale of offshore driller Rowan Companies Plc to rival Ensco Plc, casting doubt on a combination that had signaled optimism about the future of offshore exploration.

Canyon Capital Advisors warns it will oppose Rowan sale to Ensco

HOUSTON, Jan 7 Hedge fund Canyon Capital Advisors warned it would vote against the $2.38 billion sale of offshore driller Rowan Companies Plc to rival Ensco Plc , casting doubt on a combination that had signaled optimism about the future of offshore exploration.

Deals of the day-Mergers and acquisitions

Oct 8 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

Offshore driller Ensco to buy rival Rowan in $2.38 billion deal

Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion (1.82 billion pounds), to take advantage of a nascent recovery in the sector fuelled by strengthening oil prices.

Offshore driller Ensco to buy rival Rowan in $2.38 billion deal

Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, to take advantage of a nascent recovery in the sector fueled by strengthening oil prices.

UPDATE 3-Offshore driller Ensco to buy rival Rowan in $2.38 bln deal

Oct 8 Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, to take advantage of a nascent recovery in the sector fueled by strengthening oil prices.

CORRECTED-UPDATE 1-Offshore driller Ensco to buy Rowan in $2.38 bln deal

Oct 8 Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.

Offshore driller Ensco to buy Rowan in $2.38 bln deal

Oct 8 Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal, valued at $2.38 billion, to expand its rig fleet.

Royal favourite, designer Orla Kiely closes stores

DUBLIN Irish designer Orla Kiely, who built a fashion label around colourful 1970s-style geometric prints, has closed her online business and shops in the UK and Ireland after parent company Kiely Rowan went into administration.

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