---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-001594"
form_type: "8-K"
ticker: "NE"
cik: "0001895262"
company_name: "Noble Corp plc"
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:23:38.964195+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Noble to acquire Diamond Offshore for $5.65 cash + 0.2316 shares per DO share, 11.4% premium

## Summary
- Diamond shareholders receive 0.2316 Noble shares and $5.65 cash per share, an 11.4% premium to June 7 close.
- Diamond backlog of $2.1B and expected $100M in annual cost synergies; deal immediately accretive to free cash flow per share.
- Noble Board approves 25% dividend increase to $0.50/share quarterly, starting Q3 2024.
- Diamond will own ~14.5% of combined company; closing requires DO shareholder vote and antitrust approvals.
- Termination fee of $60M if Diamond accepts superior proposal; $16.5M if no vote from DO shareholders.

## SEC filing metadata
- accession: 0000950142-24-001594
- form_type: 8-K
- ticker: NE
- cik: 0001895262
- company_name: Noble Corp plc
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895262/000095014224001594/0000950142-24-001594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895262/000095014224001594/eh240493720_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-001594
- JSON: https://secwatch.observer/filing/0000950142-24-001594.json
- Plain text: https://secwatch.observer/filing/0000950142-24-001594.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.