NewsMV
and Valaris Limited received notice on September 30, 2026, that the U.S.
Department of Justice Antitrust Division has concluded its review of their proposed merger under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
The expiration of the statutory waiting period removes a key regulatory hurdle for the offshore drilling companies. The two firms originally signed a Business Combination Agreement on February 9, 2026.
Under the terms of that deal, Transocean will acquire all outstanding Valaris common shares in exchange for 15.235 Transocean shares for each Valaris share.
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