Transocean To Acquire Aker Drilling In US$2.4bn Deal

CFW View: Transocean's US$2.4bn bid to acquire Aker Drilling demonstrates that M&A activity in the services sector continues to show some rigour. Although company valuations have risen with oil prices, industry trends, such as maximisation of output from mature fields, development of offshore and deepwater reserves and the need for specialised services, continue to support

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