KNOT Offers to Acquire KNOT Offshore Partners for $10 Per Unit

Reuters11-03

KNOT Offers to Acquire KNOT Offshore Partners for $10 Per Unit

KNOT Offshore Partners LP has received an unsolicited non-binding proposal from Knutsen NYK Offshore Tankers AS to acquire all publicly held common units of the partnership for $10 in cash per common unit. The proposal, dated October 31, 2025, outlines a potential merger between the partnership and a subsidiary of Knutsen NYK Offshore Tankers AS. The Conflicts Committee of the Board, consisting of non-affiliated directors, will review and evaluate the offer with the assistance of retained advisors. The proposed deal is subject to several conditions, including committee and board approvals, a majority vote from unitholders, and customary closing conditions. There is no assurance that a definitive agreement will be reached or that a transaction will take place.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KNOT Offshore Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20251103511052) on November 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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