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0 -0.00781250000000001 0 -0.0419921875 -0.04541015625 -0.0751953125 -0.0693359374999999 -0.08984375
Stock impact report

KNOT Offshore Partners LP Announces Termination of Discussions on Proposed Buyout Offer From Knutsen NYK Offshore Tankers AS

KNOT Offshore Partners LP Common Units representing Limited Partner Interests (KNOP) 
Company Research Source: Business Wire
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) announced today that discussions regarding the unsolicited non-binding proposal received by the Partnership on October 31, 2025 from Knutsen NYK Offshore Tankers AS (“KNOT”), pursuant to which KNOT proposed to acquire through a wholly-owned subsidiary all publicly held common units of the Partnership in exchange for cash (the “KNOT Offer”), have been terminated.The Conflicts Committee of the Partnership’s Board, which is comprised of only non-KNOT-affiliated directors, retained independent financial and legal advisors to assist it in evaluating the KNOT Offer.The Conflicts Committee and its independent advisors reviewed the KNOT Offer and had several discussions with KNOT over the last few months regarding the potential transaction.Following such discussions, the parties have determined that they will not be able to reach an agreement and have therefore terminated discussions regarding t Show less Read more
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