SHLF: Update on recommended offer by ADES International Holding, Ltd. to acquire all outstanding shares of Shelf Drilling, Ltd. by way of a cash merger
SHLF: Update on recommended offer by ADES International Holding, Ltd. to acquire
all outstanding shares of Shelf Drilling, Ltd. by way of a cash merger. Cash
consideration revised to NOK 18.50 per share and supported by 53.4% voting
commitments in favor of the merger.
NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG