Helix Energy Solutions Group (HLX) to Acquire Alliance Companies in Gulf of Mexico
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Helix Energy Solutions to Acquire Alliance Companies in Gulf of Mexico
May 17, 2022 8:00 AM EDTExpanded decommissioning presence represents significant step for Helixs Energy Transition business model
HOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) announced today that it has entered into a definitive agreement to acquire 100% of the equity interests of the Alliance group of companies (collectively Alliance) for $120 million cash at closing, plus the potential for post-closing earnout consideration.
Alliance Overview
Alliance is a Louisiana-based privately held company that provides services in support of the upstream and midstream industries in the Gulf of Mexico shelf, including offshore oil field decommissioning and... More
