Helix Energy Solutions to Acquire Alliance Companies in Gulf of Mexico

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May 17, 2022

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.