Transocean (NYSE:RIG) rises 3% while Valaris acquisition spread remains almost unchanged

Transocean (NYSE:RIG) shares rose 3.5% as the Valaris acquisition spread remained largely unchanged, indicating broader sector momentum rather than a reassessment of the deal. Both Transocean and Valaris saw their stock prices climb alongside WTI oil prices. The earliest date for DOJ compliance certification is July 31, with Q2 results expected on August 5, as the company targets a second-half 2026 completion for the merger.