The Carlyle Group's "great cash in" continued with the sale of Frontier Drilling to Noble. The $2.16 billion sale is expected to close by the end of July. FT reported:
Goldman Sachs advised Frontier Drilling on the deal, while Noble was advised by Simmons & Company International, Barclays Capital and SunTrust Robinson Humphrey.Carlyle's David Rubenstein and Goldman's Lloyd Blankfein found solid ground for this deal. What do insiders know about the future of deepwater drilling?
