Creditors back Seadrill Chapter 11 that will reduce Fredriksen’s stake to a fraction 11 October 2021 Existing shareholders to be left with 0.25% of drillship company as bankruptcy restructuring nears the endAuthor: Capt. Johnhttps://www.tradewindsnews.com/finance/creditors-back-seadrill-chapter-11-that-will-reduce-fredriksens-stake-to-a-fraction/2-1-1079955