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New Senate bill targets 'chameleon carriers' that reopen to escape penalties Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity New Senate bill targets 'chameleon carriers' that reopen to escape penalties Werner Enterprises Posts Highest Revenue Per Truck Growth in One-Way Segment in a Decade CMA CGM and Stonepeak Launch United Ports LLC in $2.4 Billion Terminal Joint Venture UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity
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Eldorado Drilling Completes $257M Acquisition of Vantage Drilling Business
Mergers #acquisition#merger

Eldorado Drilling Completes $257M Acquisition of Vantage Drilling

Eldorado Drilling has completed its $257m acquisition of Vantage Drilling, creating a combined fleet of five rigs. Vantage will become an indirect subsidiary and delist from the Oslo stock exchange. The deal is funded by $125m in equity from Eldorado's principal shareholder.

Jul 8, 2026 2 sources
Vantage Drilling Merger with Eldorado Clears Shareholder Vote, Transaction Valued at $257.6M Business
Mergers #merger#vantage drilling

Vantage Drilling Merger with Eldorado Clears Shareholder Vote, Transaction Valued at $257.6M

Shareholders of offshore drilling contractor Vantage Drilling approved the proposed merger with Neil Hall-led Eldorado Drilling during a special general meeting. Under the terms, Vantage will become a wholly owned subsidiary of Eldorado, with Vantage shareholders receiving $19 per share in cash, representing an equity value of approximately $257.6 million. The transaction is funded by $125 million in equity commitments from Eldorado's principal shareholder. Completion remains subject to certain conditions.

Jun 23, 2026 1 source