UPDATE 1-Canyon Capital Advisors warns it will oppose Rowan sale to Ensco
January 07, 2019 at 13:07 PM EST
Hedge fund Canyon Capital Advisors has warned it would vote against the $2.38 billion sale of offshore driller Rowan Companies Plc to rival Ensco Plc, casting doubt on a combination that had signaled optimism about the future of offshore exploration.