Press Release

Kirkland Advises Noble Corporation on Agreement to Combine with Maersk Drilling

Kirkland & Ellis advised Noble Corporation (NYSE: NE) (“Noble”) on its agreement to combine with The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”) in a primarily all-stock transaction. The transaction is a complex cross-border merger of equals involving a Cayman merger, a UK redomiciliation, a Danish tender offer and lawyers from five countries. Following the completion of the transaction, the Maersk Drilling shareholders and Noble shareholders will each own approximately 50% of the outstanding shares of the combined company. The combined company will be named Noble Corporation and its shares will be listed on the New York Stock Exchange and Nasdaq Copenhagen. 

Read the Noble press release

The Kirkland team was led by corporate partners Sean Wheeler, Debbie Yee, Doug Bacon and Cephas Sekhar, antitrust partners Chuck Boyars and Michael Engel, tax partners David Wheat, William Dong and Mike Carew, executive compensation partner Rob Fowler, and debt finance partners Rachael Lichman and Chad Davis.