The divestment of ERT is in line with Helix’s strategy of focusing on providing Well Intervention and Robotics services, and Helix intends to use the proceeds from this transaction to repay debt as well as accelerate the Company’s plans to grow these businesses.
The Company will host a conference call on
Statements included in this news release regarding the proposed
transaction, timing of the closing, Helix’s strategy and other
statements that are not historical facts are forward-looking statements.
These statements involve risks and uncertainties including, but not
limited to, actions by regulatory authorities or other third parties,
satisfaction of closing conditions, delays, costs and difficulties
related to the transaction, market conditions, and other risks described
from time to time in our reports filed with the
Helix Energy Solutions Group, Inc.
Terrence Jamerson, 281-618-0400
Director, Finance & Investor Relations