
Norwegian oil billionaire John Fredriksen won't be able to snatch up total ownership of its small competitor Sevan Drilling without a fight.
Both CEO Scott Kerr and CFO Jon Willmann stand firm in their rejection of the offer: they have no intentions of accepting an offer of USD 0.66 per share of Sevan Drilling, which Norwegian John Fredriksen and Seadrill is in the process of acquiring.
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