Vantage Drilling International LtdPrivate▲ Positive
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Vantage is acquired by Eldorado, providing a premium and exit for shareholders.
Eldorado Drilling Limited has completed its acquisition of Vantage Drilling International Ltd. by merger, with Vantage surviving as an indirect subsidiary of Eldorado as of June 26, 2026. The combination pairs Eldorado’s seventh-generation drillship Atlantic Zonda with Vantage’s global footprint, high-specification deepwater and jackup assets, and multi-year operating and management agreements, aiming to broaden commercial opportunities and revenue diversification. Bernie Wolford, Chairman of Eldorado, said the deal positions the combined enterprise to compete for a wider set of opportunities with greater scale and resilience. Vantage will apply to delist its ordinary shares from Euronext Growth Oslo as promptly as practicable. Eldorado also expects to close the acquisition of the Deep Value Driller in the second half of 2026.
Vantage is acquired by Eldorado, providing a premium and exit for shareholders.