Tag: Acquisition

Noble Company hits $6.7 billion in backlog on Diamond Offshore Drilling acquisition closure

(WO) – Noble Company plc introduced the completion of its acquisition of Diamond Offshore Drilling, Inc ("Diamond"). This transaction enhances Noble's place as a number one offshore driller, creating the biggest fleet of...

AMD’s $5 billion ZT acquisition: Strategic play or overpriced gamble?

Backside line: The strategic rationale behind AMD buying ZT is sensible, to some extent, however $5 billion is lots to pay, particularly when the true worth of the transaction depends closely on the...

HPE Seeks To Bolster Its Hybrid Cloud Administration Capabilities And Credibility With Morpheus Acquisition

On August 15, Hewlett-Packard Enterprise (HPE) introduced its intent to accumulate Morpheus Information, a multicloud administration resolution “to make...

Oxy raises 2024 oil and fuel manufacturing, following $10.8 billion CrownRock acquisition, Permian success

(Bloomberg) – Occidental Petroleum Corp. raised its manufacturing and capital spending plans for this yr after closing its $10.8 billion acquisition of CrownRock LP earlier this month. ...

Very important Power, NOG increase Delaware Basin footprint with $1.1 billion Level Power acquisition

(WO) — Very important Power and Northern Oil and Fuel have signed an settlement to amass Level Power Companions for $1.1 billion. Very important Power will buy 80% of Level's belongings, whereas NOG...

Former Digital World Acquisition Corp. CEO accuses successor of hacking

Two former executives of the agency that lately bought Fact Social are embroiled in a lawsuit associated to the acquisition of Trump’s social media firm, Wired experiences. The previous CEO of the Digital...

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