Shareholders approve Transocean, GlobalSantaFe merger

Nov. 9, 2007
Transocean Inc. and GlobalSanteFe Corp. shareholders today approved the proposed merger of the companies.

Offshore staff

HOUSTON –Transocean Inc. and GlobalSanteFe Corp. shareholders today approved the proposed merger of the companies.

The proposed transaction that would merge GlobalSantaFe with a wholly owned subsidiary of Transocean is expected by year-end, pending regulatory approval and other closing conditions.

11/08/2007