Vantage Drilling, a Bermuda-based exempt offshore drilling contractor, has ceased trading in Euronext Growth shares after completing its business combination with Eldorado Drilling, an offshore drilling company backed by a group of well-known Norwegian investors.
It was reported at the end of June that El Dorado was due to drill Completed the acquisition of Vantage In a $257.6 million all-cash transaction, backed by a $125 million commitment from major shareholders, enabling the indirect subsidiary to merge with and into the Bermuda Exempt Company, with the latter remaining as an indirect subsidiary of the former.
This merger is expected to expand business opportunities across multiple regions and enhance the shared commitment to safety and operational excellence.
The partners said that thanks to the business combination, a scalable offshore drilling platform has been created with “Enhanced” Capacities have been created.
Vantage Drilling International shares have been removed from trading on Euronext Growth as of July 10, 2026, and the last day of trading is July 9.
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