Morgan Stanley: Advisory on $1.6bn Diamond Offshore Drilling Acquisition Explained

Morgan Stanley has played a crucial advisory role in Noble Corporation’s significant acquisition of Diamond Offshore Drilling, a deal valued at approximately $1.6 billion.

This merger includes both stock and cash transactions. Under the agreement, Diamond shareholders will receive 0.2316 shares of Noble plus $5.65 in cash for each Diamond share. This offer represents an 11.4% premium over