The acquisition is significant for Talos as it is expected to be immediately accretive, indicating a positive impact on earnings per share. The addition of high-quality deepwater assets is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price. The deal structure, which includes a substantial cash component, suggests confidence in the value of the acquisition. However, the final impact will depend on the market's perception of the deal's long-term benefits and the successful integration of the acquired assets.