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Oil services company Transocean buys Swiss office

- Associated Press - Friday, January 7, 2011

GENEVA (AP) - The company that owned the Deepwater Horizon oil rig which exploded in the Gulf of Mexico last year has bought a 20-storey office building in Switzerland.

Transocean bought the building for 200 million Swiss francs ($220 million) from a private investor last month according to sources familiar with the transaction who spoke on condition of anonymity.

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