Seadrill Expects ‘Lot of Interest’ in Brazil Unit Share Sale
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Seadrill Ltd., the oil-rig operator controlled by billionaire John Fredriksen, expects a “lot of interest” in the initial share offering in its Brazilian unit, the chief financial officer said.
“Brazil is a drilling heartland market and Seadrill wants to grow and become more local,” Esa Ikaeheimonen said in an e-mail late yesterday. “We believe this is a good time, the story is very strong.”