Seadrill warns of Chapter 11: Share price plummets - Marine Log

04/04/17


Marine Log

Seadrill warns of Chapter 11: Share price plummets
Marine Log
APRIL 4, 2017 — Shares in John Fredriken's Seadrill Limited (NYSE:SDRL) plunged today as the drilling contractor warned that a restructuring plan it is working on "will likely involve schemes of arrangement or Chapter 11 proceedings, and we are ...

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