By Michael Dabaie

Ensco Rowan PLC (ESV) shares rose 12% to $8.55 Wednesday midday.

The offshore drilling services company earlier commenced cash tender offers to purchase up to $600 million of outstanding notes.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

June 26, 2019 12:14 ET (16:14 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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