Hornbeck and Helix to Merge in Further Consolidation in the Offshore Sector
Hornbeck Offshore Services and Helix Energy Solutions Group announced that they have agreed to merge their businesses to form a more integrated global offering in the offshore sector. It is the latest in a series of large deals consolidating the industry. The terms call for an all-stock deal that will combine the two companies and create what they say will be a more integrated service offering across a global platform. Hornbeck Offshore Services will be the surviving company, listed on...
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