Rig giants Ensco and Rowan Companies have each received shareholder approval for an all-stock merger deal that has had to be reworked numerous times since the initial agreement last year.
Shareholders in US company Rowan are set to get a 45% stake in the combined company, with counterparts in UK-based rival Ensco to hold the remaining 55%.
Ensco in late January upped the share exchange ratio in the proposed merger, with Rowan shareholders in line to receive 2.75
