Teekay divests offshore unit for $100m
The deal agreed with Brookfield Business Partners is aligned with the ‘current strategy to simplify and focus on our core gas and tanker businesses’, Teekay’s chief executive said. Teekay Offshore turned in a first-quarter loss of $2.6m and operates a 57-strong fleet as of the end of March
The transaction is expected to be completed in early to mid-May 2019
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo