Seadrill files for Chapter 11 bankruptcy, nearly wiping out sharehol...

Seadrill files for Chapter 11 bankruptcy, nearly wiping out shareholders
Business Insider
(Reuters) - Seadrill Ltd, the indebted oil rig firm controlled by Norwegian billionaire John Fredriksen, has agreed a restructuring that almost wipes out existing shareholders after filing for Chapter 11 bankruptcy protection. A deal with a consortium ...
Shareholders hit hard as Seadrill files for Chapter 11 bankruptcyReuters

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