SUGAR LAND, Texas, July 25, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. ("Diamond") (NYSE: DO) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in relation to the pending merger between Noble and Diamond, expired at 11:59 ET on July 24, 2024. Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Diamond's stockh ...

SUGAR LAND, Texas, July 18, 2024 /PRNewswire/ -- Noble Corporation plc ("Noble", "the Company") (NYSE: NE, CSE: NOBLE) announces its intention to voluntarily delist from NASDAQ Copenhagen ("NASDAQ"). Noble will remain traded on the New York Stock Exchange ("NYSE"), as Noble's primary listing exchange. To avoid holding Danish Shares that are not tradeable on a registered market following the effective date of the delisting, holders of Danish Shares traded on NASDAQ currently have the following options: The C ...

Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves first-time, move-up, empty-nester, activeadult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, ...

Certain statements in this announcement may constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and Noble and its subsidiaries' (collectively, the "Noble Group") anticipated or planned financial and operational performance. The words "targets", "believes", "committed to," "continues", "expects", "aims", "intends", "plans", "seeks", "will", "may", "might", "anticipates", "would", "could", "should", "estimates", ...

Noble Corporation plc (NE) has inked a contract for its Noble Venturer drillship to be utilized for an upcoming drilling campaign conducted by Trident Energy offshore Equatorial Guinea. The drilling campaign is expected to begin shortly. Noble Corporation had previously stated that the expected duration of the project was 150 days. The Noble Venturer is expected to drill an Akeng Deep ILX well in Block S. This well is aimed at testing a play in the Albian. This drilling campaign targets an estimated gross m ...

LOS ANGELES, June 24, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company that owns 18 restaurant brands, today announced that Andy Wiederhorn, Chairman of FAT Brands, will present at Noble Capital Markets' Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference on June 27 at 11:00 a.m. Eastern Standard Time. The formal presentation will feature a fireside style Q&A session with questions welcome from the l ...

● . June 24, 2024 8:30 AM EDT | Source: BioHarvest Sciences Inc. CEO Ilan Sobel is scheduled to host virtual one-on-one meetings with institutional investors throughout the event, and will host a virtual presentation as follows: Date: Thursday, June 27, 2024 Time: 1:30 p.m. Eastern time Registration: https://www.meetmax.com/sched/event_107201/investor_reg_new.html? attendee_role_id=NOBLE_INVESTOR A video webcast of the presentation will be available following the event at BioHarvest.com and as part of a com ...

Upon the closure of the transaction, Diamond Offshore shareholders will receive 0.2316 shares of NE with a cash compensation of $5.65 per share of Diamond Offshore's common stock. Diamond Offshore shareholders will own 14.5% of NE's outstanding shares. Per the terms of the agreement, Noble's board will expand to include one member from DO's board of directors. To fund the cash portion of the deal, Noble has secured a $600 million committed bridge financing facility. The acquisition should allow Noble to con ...

About this content About the publisher We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. Proactive has always been a forward looking and enthusiastic technology adopter. Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on A ...

Core Viewpoint - Noble Corporation has entered into a definitive merger agreement to acquire Diamond Offshore Drilling, which is expected to enhance its operational capabilities and shareholder value through significant synergies and an expanded fleet [6][18][19]. Financial Aspects - The acquisition will involve Diamond shareholders receiving 0.2316 shares of Noble and $5.65 in cash per Diamond share, totaling approximately $600 million in cash [10][34]. - The transaction represents an 11.4% premium to Diamond's closing stock price on June 7, 2024 [18][34]. - Noble anticipates realizing annual pre-tax cost synergies of $100 million, with 75% expected to be realized within one year of closing [1][6]. - The combined backlog for Noble and Diamond will be approximately $6.5 billion, with Diamond contributing $2.1 billion to this total [12][21]. Operational Synergies - The merger will add four 7th generation drillships and a high-spec harsh environment semisubmersible rig to Noble's fleet, enhancing its operational capabilities [6][20]. - The transaction is expected to be immediately accretive to Noble's free cash flow per share, facilitating an increased return of capital to shareholders [9][19]. Strategic Rationale - The merger is positioned as a strategic move to create a more robust platform for delivering customer and shareholder value, leveraging Noble's operational strength and Diamond's established market presence [19][20]. - Both companies share a commitment to safety, operational excellence, and service, which is expected to drive successful integration [8]. Governance and Structure - Following the merger, Diamond shareholders will own approximately 14.5% of Noble's outstanding shares on a fully diluted basis [10][18]. - Noble's Board of Directors will be expanded to include one member from Diamond's Board [11]. Dividend Information - Noble has announced a 25% increase in its quarterly dividend to $0.50 per share, effective from the third quarter of 2024 [19][25].