Transocean sells shares to finance acquisition

Note: This section contains information in English only.
Source: Marketwatch

Transocean Ltd., oil drilling company, announced it is going to offer 26 million shares of common stock in order to raise finance for its recent acquisition. Shares of Transocean fell by 4.2% to $44 before the company said it plans to issue new shares that would represent about 8.9% of the total shares outstanding.

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