Acquiring Company
Transocean Ltd
Acquired Company
Valaris
Geneva
BrazilEnergyOil And GasOil And GasWaterDescription
Transocean Ltd. has entered into a Business Combination Agreement to acquire all of the issued and outstanding common shares of Valaris Limited. Under the terms of the agreement, shareholders will receive 15.235 shares of Transocean for each Valaris share. This acquisition is subject to customary closing conditions.
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Frequently asked
Who acquired Valaris?
Valaris was acquired by Transocean Ltd, based in Geneva. The deal was reported on September 30, 2026. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells, specializing in technically demanding sectors of the global offshore drilling business. Transocean Ltd is publicly traded (RIG) and operates in Energy.
When did Transocean Ltd acquire Valaris?
Transocean Ltd's acquisition of Valaris was reported on September 30, 2026. Transocean Ltd. has entered into a Business Combination Agreement to acquire all of the issued and outstanding common shares of Valaris Limited. Under the terms of the agreement, shareholders will receive 15.235 shares of Transocean for each Valaris share. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Valaris do?
Valaris is the world’s largest offshore drill contractor, providing services to the oil and gas industry with a versatile fleet. It is publicly traded (VAL), operating in Oil And Gas, and is based in Brazil.
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