NE - Noble Corporation: Looking At M&A Perspectives After Ensco/Rowan Deal
As the majority of readers already know well, Ensco (ESV) and Rowan (RDC) decided to merge (my first impression on the merger could be read here), which is a major event for the whole offshore drilling industry. This decision comes on the back of the recent Transocean's (RIG) purchase of Ocean Rig (ORIG).
Naturally, many investors and traders are interested whether other major drillers will join the game and try to increase their size via M&A to become an equal competitor in size to Transocean and