Noble Corporation Announces Closing Of Diamond Acquisition; Updates Increase Noble's Current Backlog To $6.7B
Portfolio Pulse from Benzinga Newsdesk
Noble Corporation has completed its acquisition of Diamond Offshore Drilling, enhancing its position as a leading offshore driller and increasing its backlog to $6.7 billion. The acquisition adds $2 billion in backlog and a new director to Noble's board.
September 04, 2024 | 1:23 pm
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Noble Corporation has completed its acquisition of Diamond Offshore Drilling, which significantly enhances its fleet and backlog, positioning it as a leader in the offshore drilling industry.
The acquisition of Diamond Offshore Drilling by Noble Corporation adds $2 billion to its backlog and enhances its fleet, making it a leader in the offshore drilling industry. This strategic move is likely to positively impact Noble's stock price in the short term.
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