Transocean Ltd. Completes Acquisition of Transocean Partners

Transocean Ltd. Completes Acquisition of Transocean Partners

Transocean Ltd. (NYSE: RIG) announced today the closing of the acquisition of Transocean Partners.
Each outstanding public common unit of Transocean Partners was converted into the right to receive 1.20 shares of Transocean Ltd., which issued approximately 23.8 million shares related to the transaction.

In connection with the closing, Transocean Partners’ common units were delisted from the New York Stock Exchange effective today.

Source / More: Transocean

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