Helix Energy may become takeover target, Bloomberg reports Helix (HLX) may become a takeover target after selling its oil and gas unit and exiting a pipe-laying business to focus on expanding operations for offshore oil-well support, Bloomberg reports. Potential suitors could include Aker Solutions or Technip, Capital One Financial says. Iberia Capital believes Diamond Offshore Drilling (DO) or other rig owners could be interested. Reference Link
News For HLX;DO From The Last 14 Days
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Diamond Offshore upgraded to Neutral from Sell at Goldman Goldman upgraded Diamond Offshore due to relative valuation and attractive earnings growth. Price target is $85.
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