Valaris-Transocean merger clears U.S. DOJ antitrust review under HSR Act
RIG•The companies received notice on Sept. 30, 2026, that the U.S. Justice Department had closed its antitrust review of Transocean’s planned stock acquisition of Valaris. Closing is expected in the fourth quarter of 2026, subject to remaining conditions.
1. Review closed
Transocean agreed to acquire all Valaris shares in a stock deal valuing each Valaris share at 15.235 Transocean shares. The companies received notice on Sept. 30, 2026, that the U.S. Justice Department had closed its antitrust review. Closing is expected in the fourth quarter of 2026, subject to remaining closing conditions.




