Noble (NE) to Acquire Diamond Offshore, Expand Drilling Fleet
Noble's (NE) merger with Diamond Offshore (DO) is expected to position the former as a leader in offshore drilling services, owning a giant fleet of 41 rigs and a contract backlog of $6.5 billion.
Noble To Buy Diamond Offshore Drilling: What To Know
If Noble's bid for Diamond Offshore goes through, it will create one of the world's largest offshore drilling companies.
Driller Noble to buy Diamond Offshore for $1.6 billion
Consolidation in the oil industry continues, with offshore drilling contractor Noble Corp. on Monday announcing a cash-and-stock deal for rival Diamond Offshore Drilling.
Noble Corp agrees $1.6bn takeover of rival Diamond Offshore Drilling
Offshore drilling contractor, Noble Corporation (NYSE:NE, CSE: NOBLE) has struck a deal to take over Diamond Offshore Drilling for around $1.6 billion in shares and cash. Diamond shareholders will receive 0.2316 Noble shares and cash of $5.65 per share for each share they own stock, which would combine to give Diamond shareholders a 14.5% stake in the enlarged Noble.
Noble Corporation acquires Diamond Offshore Drilling in $1.6-billion deal
Noble Corporation plc announced on Monday that it will acquire Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion. Noble will pay $5.65 per share, representing an 11.4% premium over Diamond Offshore's recent share price.
US oil driller Noble Corp to buy Diamond Offshore for about $1.6 bln
Noble Corp will buy smaller rival Diamond Offshore Drilling in a cash-and-stock deal worth around $1.59 billion, the latest in a series of buyouts in a sector undergoing massive consolidation.
Noble (NE) Inks Deal With Harbour for Well Intervention Work
Noble's (NE) contract with Harbour Energy (HBRIY) entails the construction of a CNS platform in the United Kingdom.
Amended Press Release Noble Roman's Provides Detail on Accounting Change That Resulted In Non-Cash Adjustments to the Previously Announced Financial Information
INDIANAPOLIS, IN / ACCESSWIRE / May 17, 2024 / Noble Roman's, Inc. (OTCQB:NROM), the Indianapolis based franchisor and licensor of Noble Roman's Pizza and Noble Roman's Craft Pizza & Pub ("CPP"), today announced that in connection with finalizing the audit of its financial statements as of December 31, 2023 and for the year then ended included in its recently filed Annual Report on Form 10-K, that the company concluded it was necessary to account for the value of the warrants issued to its lender in connection with entering into its credit facility, as a liability at the estimated fair value using the Black-Scholes pricing method. Net cash provided by operations in 2023 of $1.6 million was unchanged by the accounting for the warrants.
Noble Roman's to Host Conference Call on May 20th at 4:00 PM EDT
INDIANAPOLIS, IN / ACCESSWIRE / May 17, 2024 / Noble Roman's, Inc. (OTCQB:NROM), the Indianapolis based franchisor and licensor of Noble Roman's Pizza and Noble Roman's Craft Pizza & Pub, announced that it will host a conference call on Monday, May 20th from 4:00 to 4:45 PM EDT. Those interested in participating in the conference call should dial in at 317-300-7896 and use the participation code 499795 (no pin number required - callers will press 5* to ask questions when Q&A time is announced).
