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Transocean closes $2.7B acquisition early

Olivia Pulsinelli
Transocean closes $2.7B acquisition early

Update: Transocean completed its acquisition of Ocean Rig UDW Inc. on Dec. 5, according to a press release. Switzerland-based Transocean Ltd. (NYSE: RIG), which has its main U.S. office in Houston, has cleared another hurdle in its latest acquisition.  Transocean shareholders approved the company’s acquisition of Cayman Islands-based Ocean Rig UDW Inc. (Nasdaq: ORIG) on Nov. 29.