Latest News and Press Releases

Want to stay updated on the latest news?

Sign into Reader Account Create Reader Account

March 27, 2018 23:09 ET | Source: Paragon Offshore Services LLC

Borr Drilling Limited Announces Expiration of Tender Offer for Shares of Paragon Offshore Limited

HAMILTON, Bermuda and HOUSTON, March 27, 2018 (GLOBE NEWSWIRE) -- Borr Drilling Limited (“Borr”) and Paragon Offshore Limited (“Paragon”) announced today that Borr’s previously announced tender...
March 26, 2018 00:33 ET | Source: Paragon Offshore Services LLC

Borr Drilling Limited Extends Tender Offer for All Outstanding Shares of Paragon Offshore Limited

Borr extends Offer to 6:00 PM Eastern time on Tuesday 27 March 2018As of 5:00 PM Eastern time on Friday 23 March 2018, 4,985,957 Shares, representing over 99% of the outstanding Shares of Paragon, had...
March 21, 2018 17:01 ET | Source: Paragon Offshore Services LLC

Paragon Offshore Limited Receives Arbitration Settlement Proceeds, Increases Per Share Purchase Price by $1.60

Paragon receives arbitration settlement proceeds of $8.8 million, or $1.60 per fully diluted shareProceeds raise total cash consideration for Paragon shares to $43.88 per fully diluted shareTender...