Valaris Investor Alert: Kahn Swick & Foti Investigates Proposed Transocean Acquisition

Law firm examines adequacy of price and process in potential Valaris sale

Published on Feb. 9, 2026

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Former Louisiana Attorney General Charles C. Foti, Jr. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed acquisition of Valaris Limited by Transocean Ltd. Under the terms, Valaris shareholders would receive 15.235 shares of Transocean stock for each Valaris share they own. The law firm is seeking to determine if this consideration and the process are adequate, or if the deal undervalues Valaris.

Why it matters

The proposed acquisition would combine two major offshore drilling companies, creating potential synergies but also raising questions about the fairness of the terms for Valaris shareholders. As a former state attorney general, Foti's involvement signals the seriousness of the investigation into whether Valaris is receiving full value.

The details

Kahn Swick & Foti is examining the details of the proposed transaction, including the exchange ratio of 15.235 Transocean shares per Valaris share. The law firm is seeking to determine if this consideration adequately values Valaris or if the company is being undervalued in the deal.

  • The proposed acquisition was announced on February 10, 2026.

The players

Kahn Swick & Foti, LLC

A law firm investigating the proposed acquisition of Valaris Limited by Transocean Ltd.

Charles C. Foti, Jr.

Former Attorney General of Louisiana and a partner at Kahn Swick & Foti.

Valaris Limited

An offshore drilling company that is the target of the proposed acquisition by Transocean.

Transocean Ltd.

An offshore drilling company that has proposed to acquire Valaris Limited.

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What they’re saying

“If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn toll free at any time at 855-768-1857.”

— Lewis S. Kahn, Managing Partner, Kahn Swick & Foti, LLC (Business Wire)

What’s next

Kahn Swick & Foti will continue investigating the proposed acquisition terms and process to determine if Valaris shareholders are receiving fair value.

The takeaway

The involvement of a former state attorney general signals the seriousness of the investigation into whether Valaris shareholders are being adequately compensated in the proposed Transocean acquisition. The outcome could impact the final terms of the deal.