Seacor Holdings is estimated to be offering $305m to take over GulfMark Offshore in a deal that could propel it even further into the top echelon of the offshore vessel space.
Stifel analyst Benjamin Nolan said the New York-listed shipowner's merger proposal earlier today could be the first of many targeting distressed opportunities in the sector.
"That's the Seacor way. They've got capital to be able to do it and desire to continue to add assets if they believe they can generate outsize rates of return," he said.
As
