KNOT Offshore Partners ends buyout talks with Knutsen NYK

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KNOT Offshore Partners LP Announces Termination of Discussions on Proposed Buyout Offer From Knutsen NYK Offshore Tankers AS

March 19, 2026 4:05 PM EDT

ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE: KNOP) (The Partnership) announced today that discussions regarding the unsolicited non-binding proposal received by the Partnership on October 31, 2025 from Knutsen NYK Offshore Tankers AS (KNOT), pursuant to which KNOT proposed to acquire through a wholly-owned subsidiary all publicly held common units of the Partnership in exchange for cash (the KNOT Offer), have been... More