Valaris Says Merger Deal With Transocean Clears US Antitrust Hurdle

04:40 AM EDT, 10/01/2026 (MT Newswires) -- Valaris' (VAL) all-stock acquisition by Switzerland's Transocean (RIG) cleared a regulatory hurdle after the antitrust division of the US Department of Justice closed its investigation under the Hart-Scott-Rodino Act, Valaris said in a regulatory filing Wednesday., The deal is anticipated to close in Q4. The waiting period under the law has already expired, the company said. Under the deal, which was originally announced on Feb. 9, Transocean will acquire Valaris for 15.235 shares of Transocean for each Valaris share.