Maersk Drilling and Noble Business Combination: Update on

As previously announced on November 10, 2021 (link), the business combination between The Drilling Company of 1972 A/S (“Maersk Drilling”) and Noble Corporation (“Noble”, and with Maersk Drilling, the “Parties”) (the “Business Combination”) is conditioned by, among other things, clearance from antitrust and foreign direct investment authorities in the UK, Norway and Denmark, as well as certain other jurisdictions, as agreed between the parties.

The parties have recently been informed that the Norwegian Competition Authority (Konkurransetilsynet) has considered the business combination application in accordance with the documents submitted to it and has no objection to the business combination. The process of obtaining other approvals is in progress. The Parties cannot provide any assurance as to whether all required approvals and consents will be obtained or the timing or terms of such approvals if obtained.

Reference is made to the original public disclosure made by Noble in this regard (link).

For more information, please contact:
Michael Harboe-Jørgensen
Head of Investor Relations
+45 2328 5733
[email protected]

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