Simmons & Company Sees Ensco plc (ESV) and Rowan Cos. (RDC) as Compelling Combo
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Bragar Eagel & Squire, P.C. is Investigating the Board of Directors of Rowan Companies plc (RDC) on Behalf of Stockholders and Encourages RDC Investors to Contact the Firm
October 8, 2018 7:45 PM EDTNEW YORK, Oct. 08, 2018 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against Rowan Companies plc (NYSE: RDC) on behalf of stockholders concerning the proposed acquisition of the company by Ensco plc.
Pursuant to the proposed transaction, announced on October 8, 2018, Rowan... More
Ensco plc and Rowan Companies plc Agree to Combine, Creating Industry-Leading Offshore Driller
October 8, 2018 6:50 AM EDTLONDON, Oct. 8, 2018 /PRNewswire/ -- Ensco plc (NYSE: ESV) and Rowan Companies plc (NYSE: RDC) jointly announced today that the companies have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. The definitive transaction agreement was unanimously approved by each company's board of directors. The Saudi Aramco partner to the ARO Drilling joint venture has consented to the combination between Rowan and Ensco.
Under the terms of the transaction agreement, Rowan shareholders will receive 2.215 Ensco shares for each Rowan... More
Ensco plc and Rowan Companies plc Agree to Combine, Creating Industry-Leading Offshore Driller
October 8, 2018 6:50 AM EDT
Broad Portfolio of High-Specification Floaters and Jack-ups
Diverse
Customer Base Includes Most of the Largest Holders of Offshore Reserves
Broadest
Geographic Presence of Any Offshore Driller
Well Capitalized with
Combined Liquidity of $3.9 Billion
$150 Million of Anticipated
Annual Expense Synergies
Accretive to Cash Flow Per Share in First
Full Year Following Closing
Clear Leader in Customer Satisfaction
with Strong Focus on Safety and Operations
LONDON--(BUSINESS WIRE)-- Ensco plc (NYSE: ESV) and Rowan Companies plc (NYSE: RDC) jointly announced today that the... More

