Energy Holdings and Ventura Offshore to merge in all-share deal
Energy Holdings and Ventura Offshore plan an all-share merger to form a diversified energy services platform with $1.3 billion contracted backlog and implied $1 billion equity value, expected to close in Q1 2027.
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05:00:17 AM UTC
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The merger creates a larger, diversified offshore services platform with enhanced cash generation and growth opportunities. Ventura Offshore shareholders will own 45% of the combined entity, supported by a USD 250m bridge facility. The deal is expected to close in Q1 2027, pending regulatory and sh…
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