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Ensco Commences Public Offering of Class A Ordinary Shares
April 14, 2016 4:06 PM EDTLONDON--(BUSINESS WIRE)-- Ensco plc (NYSE: ESV) (Ensco) announced today that it has commenced an underwritten public offering of 50,000,000 Class A ordinary shares. Ensco expects to grant the underwriters a 30-day option to purchase up to 7,500,000 additional Class A ordinary shares. Ensco expects to use the net proceeds from the offering for general corporate purposes.
Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are acting as book-running managers for the offering. The offering is being made under an... More
