Noble paid Nkr200 ($29) per A-share and Nkr150 per B-share, a 22% premium on their closing price on the Oslo Stock Exchange, and had to fight off a competing bid from SeaDrill a new, fast-growing Norwegian rig outfit controlled by billionaire John Fredriksen.
The Smedvig family has controlled the company for years, and without it, Smedvig would probably have been acquired some time ago.
The
