Shelf Drilling (SHLLF) has released an update.
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Shelf Drilling, Ltd. has completed the acquisition of Shelf Drilling (North Sea), Ltd., making it a wholly owned subsidiary. The merger has been formalized with the Bermuda Registrar of Companies, and shareholders of Shelf Drilling North Sea will receive their share and cash considerations by mid-October. The combined entity will commence trading on the Oslo Stock Exchange under the ticker ‘SHLF’ starting October 14, 2024.
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