Transocean-Valaris deal clears US DOJ antitrust review as HSR waiting period expires
RIG•The U.S. antitrust review ended on Sept. 30, 2026, clearing a key condition for Transocean’s share-for-share acquisition of Valaris, with closing expected in the fourth quarter of 2026, subject to remaining conditions.
1. Review clearance
The U.S. antitrust review of Transocean’s planned acquisition of Valaris ended on Sept. 30, 2026, clearing a key condition for the deal to proceed. Transocean agreed to acquire Valaris in a share-for-share transaction valuing each Valaris share at 15.235 Transocean shares; closing is expected in the fourth quarter of 2026, subject to remaining conditions.
