Seadrill Limited (Seadrill) has completed its purchase from Seadrill Partners LLC (Seadrill Partners) of 3,394,916 common units, representing liability company interests in Seadrill Partners, at a price of $29.50 per common unit in a private placement.

In addition, Seadrill Partners closed its previously announced offering of 12,880,000 common units in a public offering at a price of $29.50 per common unit (including 1,680,000 common units sold pursuant to the underwriters' over-allotment option).

Tags: Seadrill Limited