Maersk Drilling’s Chairman of the Board, Claus V. Hemmingsen, said:
“This combination carries strong industry logic. With the combination we are creating a differentiated provider of offshore drilling services, which will be able to enhance the customer experience through increased scale, global reach, and industry-leading innovation. The combination will create value for all shareholders and will offer investors a unique opportunity to benefit from the market recovery, a robust financial position and strong free cash flow potential, all paving the way for the potential return of capital to shareholders.”
[https://www.maerskdrilling.com/news-and-media/press-releases/maersk-drilling-announces-agreement-to-merge-with-noble]