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Seadrill Makes Mandatory Offer for Remaining Shares of Sevan Drilling

Rob Almeida
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July 24, 2013

seadrillAs a follow-up to Seadrill’s acquisition of a majority stake in Sevan Drilling last month, Seadrill has announced today their offer for all remaining shares in Sevan Drilling, a mandatory move in accordance with the Norwegian Securities Trading Act.

According to a statement by Seadrill, a cash consideration of NOK 3.95 will be offered per share.

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