13359937 In the U.S., will create the second largest offshore driller in the world
The American company Ensco Plc agreed to buy rival Pride International Inc, said in a press release Ensco. The merger will create the world's largest shelf driller. The total purchase price is estimated at 7.4 billion dollars. In a message Ensco says the deal will be made at a price of 41.6 dollars per share, Pride International, that is at a премиум of 21 percent compared to the cost of the securities at the close of trading on February 4. Following the announcement of a merger Pride International shares rose 17 percent to 40.15 dollars, indicates MarketWatch. At the same time securities Ensco fell 3 percent to 52.8 dollars. Ensco, headquartered is located in Dallas, Texas, is one of the largest offshore drillers. Areas in which the company operates, are located in the Gulf of Mexico, North Sea, on the coast of Africa, South America and the Middle East. In Ensco employs over 4000 people and annual revenues of approximately 2,3 billion dollars. Pride International, headquartered in Houston, Texas, operates in Brazil, India, Mexico, Angola and Saudi Arabia. The company's staff more than seven thousand employees.