Ensco plc Announces Amendment to Transaction Agreement with Rowan Companies plc
Reaffirms Commitment to Create Larger, More Diverse Offshore Driller Reiterates Strategic and Financial Benefits of Combining with Rowan Increases Anticipated Annual Expense Synergies to $165 Million Well Capitalized with Liquidity of $3.7 Billion Accretive to Cash Flow Per Share in 2020 Ensco plc today announced that the Company has entered …
Ensco plc and Rowan Companies plc Agree to Combine, Creating Industry-Leading Offshore Driller
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 …