• Eldorado Drilling agreed to acquire Vantage Drilling International via a merger, leaving Vantage as a wholly owned Eldorado unit.
• Vantage shareholders will receive USD 19 per share in cash, valuing the equity at about USD 257.6 million.
• Closing is expected in early Q3 2026, subject to shareholder approval at a meeting slated for June 18, 2026.
• Eldorado’s principal shareholder committed USD 125 million of equity funding, including USD 64.5 million in cash equity.
• Vantage plans to seek a delisting from Euronext Growth Oslo once the deal completes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vantage Drilling International published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605291545OMX_____CNEWS_EN_GNW9729021_en) on May 29, 2026, and is solely responsible for the information contained therein.