Group heating on? Discussions about the merger of offshore drilling companies transocean (RIG.US) and Seadrill (SDRL.US) are rumored.
According to reports, offshore drilling contractor Seadrill is in discussions with its larger peer transocean on a potential merger.
Offshore Drillers Transocean, Seadrill Discussing Merger - Bloomberg
Express News | Seadrill Shares up 11.3% After the Bell, TransOcean US Shares up 2.9%; Bloomberg Reports TransOcean Discussing Merger With Seadrill
Express News | TransOcean Discussing Merger With Rival Seadrill as Offshore Downturn Eases - Bloomberg News
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