https://www.worldenergynews.com/news/transocean-buys-valaris-for-billion-expand-global-771005
Transocean buys Valaris for $5.7 billion to expand global offshore rig fleet
Transocean, a provider of oilfield services, announced on Monday that it will acquire Valaris, a peer company, in a $5.8 billion all-stock deal.