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    ENSCO/Chiles deal completes antitrust review

    News // June 24, 2002
    ENSCO International Incorporated and Chiles Offshore have announced that the Federal Trade Commission and United States Department of Justice has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for ENSCO's acquisition of Chiles.

    The termination of this waiting period satisfies a regulatory condition required for the previously announced acquisition.

    Chiles also announced that its Board of Directors has set July 5th, 2002 as the record date for determining stockholders entitled to vote on the transaction with ENSCO, which is subject to stockholder approval at a special meeting of Chiles stockholdersto be held on August 7th, 2002.

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