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Drilling kingpins to merge

Ensco and Atwood's all-scrip merger to impact Australian waters.

Haydn Black

The offer will see Atwood shareholders receive 1.6 Ensco shares for every share owned, pricing Atwood at for $US10.72/share based on Ensco's closing share price of $US6.70 on May 26, a 33% premium.  ...

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