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Transocean Hires Financial Advisor to Evaluate ‘Strategic Alternatives’

By David Wethe (Bloomberg) –Transocean Ltd. has tapped Lazard Freres & Co. LLC to be its financial adviser as the world’s biggest owner of deepwater oil rigs confronts history’s worst crude crash. The Swiss-based rig contractor said Wednesday in a statement the firm’s hiring is in connection with an evaluation of strategic alternatives to manage […]

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