Mergers & AcquisitionsMedium•2 October 2026•
1 min read
DOJ Approves Transocean's $5.8 Billion Acquisition of Valaris
Key Facts
1Transocean received U.S. Department of Justice approval to proceed with its acquisition of Valaris.
2The acquisition deal is valued at $5.8 billion and is expected to close in 2026.
Transocean received U.S. Department of Justice approval to proceed with its acquisition of Valaris. Zacks reported that the acquisition deal is valued at $5.8 billion and is expected to close in 2026.
The approval clears a major regulatory hurdle for the merger of these two offshore drilling contractors. RIG closed at $5.24 on October 1, 2026, while VAL closed at $79.56 on the same date.