Valaris’ Deal Covenants Curb Strategic Flexibility and Capital Moves Amid Business Combination Agreement

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2026.02.22 06:06
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Valaris Ltd (VAL) has revealed new operational constraints due to its Business Combination Agreement, which limits strategic actions like acquisitions and capital allocation changes. This may hinder its competitiveness. The average stock price target for VAL is $55.00, indicating a potential downside of 42.56%.