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KNOT Offshore Partners LP Receives Buyout Offer from Knutsen NYK Offshore Tankers AS
KNOT Offshore Partners LPKNOT Offshore Partners LP(US:KNOP) Businesswire·2025-11-03 19:15

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE: KNOP) ("KNOP†or the "Partnership†) announced today that the Board of Directors of the Partnership (the "KNOP Board†) received an unsolicited non-binding proposal, dated October 31, 2025, from Knutsen NYK Offshore Tankers AS ("KNOT†) pursuant to which KNOT would acquire through a wholly-owned subsidiary all publicly held common units of the Partnership in exchange for $10 in cash per common unit. KNOT has proposed that a tran. ...