Noble Corporation plc to acquire Diamond Offshore Drilling at $15.52 per share

Noble Corporation plc to acquire Diamond Offshore Drilling at $15.52 per share

Noble Corporation plc (CSE: NOBLE) (NYSE: NE) and Diamond Offshore Drilling, Inc. (NYSE: DO) have announced a definitive merger agreement under which Noble will acquire Diamond in a strategic stock plus cash transaction. This deal will see Diamond shareholders receive 0.2316 shares of Noble and $5.65 in cash per share, totaling a transaction value of […]

ConocoPhillips to acquire Marathon Oil in landmark $22.5bn all-stock deal

ConocoPhillips to acquire Marathon Oil in landmark $22.5bn all-stock deal

ConocoPhillips (NYSE: COP) has reached a definitive agreement to acquire Marathon Oil Corporation (NYSE: MRO) through an all-stock transaction valued at $22.5 billion, including $5.4 billion of net debt. This strategic acquisition is set to significantly enhance ConocoPhillips’ standing in the energy sector by adding Marathon Oil’s high-quality, low-cost supply inventory to its portfolio. Transaction […]