Corporate partner Richard Spedding has been leading a cross-departmental team advising Noble Corporation plc as English counsel on its $9.9bn cross-border merger with Noble Corporation (Switzerland). The merger was announced in July this year and became effective today. As of today, Noble Corporation plc is listed on NYSE and has become the holding company for the Noble group.

Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 79 offshore drilling units.

Noble is advised on US law by Baker Botts LLP out of Houston and Dallas and by Pestalozzi on Swiss law.

In addition to corporate law advice, key areas of Travers Smith support include tax (Simon Yates), Employment/Immigration (Sian Keall) and employee incentives (Mahesh Varia).