"Noble's all-cash acquisition of Frontier, officially known as FDR Holdings Ltd, will add to cash flow immediately and to earnings from early 2011, the company said...Carlyle Group [owns 20% of Grupo Mexico who owns ASARCO] and Riverstone Holdings are investors in Frontier....Frontier, which is domiciled in Norway and headquartered in Houston, is building two ultra-deepwater drillships designed to operate in Arctic waters under a partnership with Shell."
Sunday, July 4, 2010
JUNE 28 2010 "Noble Corp (NE.N) said it would buy Norway's privately held Frontier Drilling for $2.16 billion"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment