UPDATE 1-Canyon Capital Advisors warns it will oppose Rowan sale to Ensco
06 Jan UPDATE 1-Canyon Capital Advisors warns it will oppose Rowan sale to Ensco
Posted at 18:07h
in
News
by KMFSLLP
Hedge fund Canyon Capital
Advisors has warned it would vote against the $2.38 billion sale
of offshore driller Rowan Companies Plc to rival Ensco
Plc, casting doubt on a combination that had signaled
optimism about the future of offshore exploration.
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