Ensco postpones general meeting as Rowan evaluates new bid

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Offshore drilling company Ensco has decided to postpone its general meeting originally scheduled for January 23, 2019.

The meeting was scheduled to approve resolutions related to the proposed all-stock merger between Ensco and Rowan, as announced on October 7, 2018.

Under the arrangement from October last year, Rowan shareholders were to receive 2.215 Ensco shares for each Rowan share.

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