Brazil’s CADE clears Transocean-Valaris offshore drilling deal

( October 15, 2026, 20:05 GMT | Official Statement) -- MLex Summary: Brazil’s competition watchdog has approved the acquisition of offshore drilling contractor Valaris by rival Transocean. The Administrative Council for Economic Defense, or CADE, said the deal wouldn’t cause harm to market competition involving offshore drilling services provided through floating rigs.Brazil's Official Journal follows (in Portuguese)....

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