Teekay Shipping Corporation (Teekay) (NYSE: TK) today announced that it has acquired, through its wholly owned subsidiary TPO Investments AS, 50.3% of the shares of Petrojarl ASA (Petrojarl), pursuant to its mandatory bid announced on September 18, 2006. The mandatory bid to purchase the remaining Petrojarl shares for NOK 70 per share expires at 10:30 a.m. EDT on October 18, 2006.
Green Marine
about 20 years ago
Teekay Announces Acquisition of 50.3% of Petrojarl ASA
Teekay Shipping Corporation (Teekay) (NYSE: TK) today announced that it has acquired, through its wholly owned subsidiary TPO Investments AS, 50.3% of the shares of Petrojarl ASA (Petrojarl), pursuant to its mandatory bid announced on September 18, 2006. The mandatory bid to purchase the remaining P
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