M&A
confidence high
sentiment neutral
materiality 0.75
Noble provides pro forma results for Diamond acquisition; H1 2024 net income $281M, EPS $1.64
Noble Corp plc
- Total preliminary purchase price $1.49B; each Diamond share exchanged for 0.2316 NE shares + $5.65 cash.
- Noble issued ~23.9M shares and paid $610M cash to close the acquisition.
- Pro forma six-month June 2024 revenue $1.86B, net income $281M, diluted EPS $1.64.
- Pro forma FY2023 revenue $3.65B, net income $317M, diluted EPS $1.85.
- Diamond audited FY2023 and unaudited H1 2024 financials incorporated by reference.