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New Deal


Announced

ARO DRILLING / SAUDI ARAMCO / ROWAN COMPANIES INC / Joint Venture / Private

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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offshore drilling

Offshore Drilling and Other Services

Saudi Arabia

Private

Completed

Friendly

Single Bidder

Joint Venture

Synopsis

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Joint venture between Rowan Companies and Saudi Arabian Oil Company, to form ARO Drilling, an offshore drilling contractor operating a fleet of jack-up rigs in Saudi Arabia.

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