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NYSE: VAL Valaris Ltd 8-K

Valaris clears CFIUS for Transocean merger; DOJ review extends timeline to fall 2026

Filed July 1, 2026 · Period ending June 29, 2026 · ~1 min read

Key Changes

  • high

    CFIUS approved the Transocean acquisition on June 29, 2026, satisfying a key closing condition for the 15.235-share exchange ratio merger.

  • high

    DOJ issued Second Request on May 4; companies committed not to certify compliance before July 31, with 60-day wait after certification pushing earliest close to late September.

  • medium

    Companies still expect second-half 2026 close, pending final DOJ clearance, shareholder approvals, and other customary conditions.

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Source-verified from EDGAR · Narrative written by AI · Jul 6, 2026 · How we verify