Sept 16 (Reuters) - Shelf Drilling (North Sea) Ltd
SDNS.OL :
* SHELF DRILLING, LTD. ANNOUNCES AGREEMENT TO ACQUIRE SHELF
DRILLING (NORTH SEA), LTD.
* SHELF DRILLING (NORTH SEA) LTD - TO BECOME WHOLLY OWNED
SUBSIDIARY OF SHLF
* SHELF DRILLING (NORTH SEA) LTD - SHAREHOLDERS TO RECEIVE
1.05
SHLF SHARES AND NOK 8.0 PER SHARE
* SHELF DRILLING (NORTH SEA) LTD: FOLLOWING COMPLETION OF
TRANSACTION, EXISTING SHLF HOLDERS WILL OWN APPROXIMATELY 84% OF
SHLF
* SHELF DRILLING (NORTH SEA) LTD - TOTAL CONSIDERATION OF
NOK
25.90 PER SDNS SHARE, EQUITY VALUE NOK 2.6 BILLION
Source text for Eikon: ID:nObiMhDdka
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((Reuters.Briefs@thomsonreuters.com;))