Merger Approved at Special Meeting of Unitholders
07 12월 2016 - 12:43AM
London - December 6, 2016 - Transocean Partners
LLC (NYSE: RIGP) announced that its common unitholders approved,
during a special meeting held today, the merger agreement, as
amended, among Transocean Ltd., Transocean Partners and certain
subsidiaries of Transocean Ltd., and the related merger.
The transaction is expected to close on or around December 9,
2016.
About Transocean Partners
Transocean Partners was formed as a growth-oriented limited
liability company by Transocean Ltd. to own, operate and acquire
modern, technologically advanced offshore drilling rigs. Transocean
Partners' assets consist of 51 percent interests in subsidiary
companies that own and operate three ultra-deepwater drilling
rigs.
For more information about Transocean Partners, please visit:
www.transoceanpartners.com.
Forward-Looking Statements
This communication includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
The statements regarding the proposed transaction, including its
effects, benefits and costs savings, opinions, forecasts,
projections, expected timetable for completion, expected
distribution and any other statements regarding Transocean
Partners' and Transocean Ltd.'s future expectations, beliefs,
plans, objectives, financial conditions, assumptions or future
events or performance that are not statements of historical fact,
are forward-looking statements within the meaning of the federal
securities laws. We can give no assurance that such expectations
will prove to have been correct. These statements are subject to
risks, uncertainties and assumptions including, among other things,
satisfaction of the closing conditions to the merger, the risk that
the contemplated merger does not occur, negative effects from the
pendency of the merger, the ability to realize expected cost
savings and benefits, the timing to consummate the proposed
transaction, the adequacy of and access to sources of liquidity,
Transocean Partners' and Transocean Ltd.'s inability to obtain
drilling contracts for rigs that do not have contracts, Transocean
Partners' and Transocean Ltd.'s inability to renew drilling
contracts at comparable dayrates, operational performance, the
impact of regulatory changes, the cancellation of drilling
contracts currently included in each company's reported contract
backlog, and other risk factors that are discussed in Transocean
Partners' and Transocean Ltd.'s most recent Annual Report on Form
10-Ks, as well as its other filings with the SEC available at the
SEC's Internet site (www.sec.gov). Actual results may differ
materially from those expected, estimated or projected.
Forward-looking statements speak only as of the date they are made,
and we undertake no obligation to publicly update or revise any of
them in light of new information, future events or
otherwise.
Analyst Contacts:
Bradley Alexander
+1 713-232-7515
Diane Vento
+1 713-232-8015
Media Contact:
Pam Easton
+1 713-232-7647
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Transocean Partners LLC via Globenewswire
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