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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.

Morgan Stanley London Office. PHOTO: Shutterstock
Morgan Stanley London Office. PHOTO: Shutterstock

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

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