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Seadrill Reach 65.76% Ownership in Asia Offshore Drilling Ltd

Source: www.gulfoilandgas.com 10/29/2012, Location: Europe

Seadrill Limited has acquired additional 611,449 shares of Asia Offshore Drilling Limited. The shares were acquired at a price of NOK 28.71 per share. Following this acquisition, Seadrill will be the owner of 26,302,407 shares in the Company, corresponding to 65.76% of the total number of outstanding shares in the Company. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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