U.K.-based Ensco (ESV) is very close to buying Pride International (PDE +8.5%). A deal, which...

|About: Ensco PLC (ESV)|By:, SA News Editor

U.K.-based Ensco (ESV) is very close to buying Pride International (PDE +8.5%). A deal, which could be announced as soon as today, would likely value Pride at $7B or more, and would accelerate the restructuring of the offshore oil-drilling industry.