Tag: Transocean Limited

Transocean says Icahn acquired 1.56 percent stake, seeks more

Transocean Ltd (RIG) has disclosed that billionaire activist investor Carl Icahn has acquired a 1.56 percent stake in the offshore rig contractor and is looking to increase that holding. Icahn is seeking regulatory approval to acquire shares worth more than $682.1 million, according to a statement on Transocean’s Web site. […]