secwatch.observer — SEC 8-K summary
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Issuer:     Transocean Ltd. (RIG)
CIK:        0001451505
Form:       8-K
Filed at:   2026-09-30T21:11:28+00:00
Accession:  0001104659-26-112402
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Transocean: DOJ closes HSR review of Valaris deal; closing expected in Q4 2026
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- On September 30, 2026, Transocean and Valaris were notified the DOJ Antitrust Division closed its HSR Act investigation and the waiting period expired.
- Transocean and Valaris expect the Business Combination to close in Q4 2026, subject to remaining closing conditions in the February 9, 2026 agreement.
- Under the February 9, 2026 Business Combination Agreement, Transocean will acquire all Valaris common shares for 15.235 Transocean shares per Valaris share.
- Transocean and Valaris filed a joint preliminary proxy statement on Schedule 14A with the SEC on May 19, 2026, seeking shareholder approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451505/000110465926112402/0001104659-26-112402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451505/000110465926112402/tm2626691d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-112402

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