Helix Energy (HLX) is turning into a takeover target after streamlining the company to...

|About: Helix Energy Solutions Grou... (HLX)|By:, SA News Editor

Helix Energy (HLX) is turning into a takeover target after streamlining the company to focus on its expanding operations for offshore oilwell support, Bloomberg writes. Analysts say recent sales of its oil-and-gas unit and a pipe-laying business have made HLX more appealing to a potential suitor such as Aker Solutions, Technip or Diamond Offshore.