Volatile outlook for M&A activity for offshore contract drilling firms

摘要

This article examines the financial mechanics that shape the merger and acquisition climate for offshore drilling companies. In the first part of this article, the financial structures comprising the landscape are described across two substantially different economic climates - spring 2008 and spring 2009. The second part of the article considers the impact of the financial turmoil on the M&A climate and offers leading practice guidance for M&A activities.