Deep-water semi-submersibles West Leo and West Sirius will be respectively acquired by Seadrill Partners’ subsidiaries Seadrill Operating and Seadrill Capricorn Holdings for a total price, including working capital, of $1.25 billion and $1.035 billion.
New York-listed Seadrill Partners intends to finance the transactions both through loans from parent Seadrill, which holds a 75.7% interest in the affiliate company, as well as from equity issues.
Seadrill
