Teekay Corp looks to have exited the offshore sector with the sale of its remaining stake in Teekay Offshore Partners.
Brookfield Business Partners, which already controls 51% of the offshore MLP, is paying $100m in cash for the remaining 49%.
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Teekay offloads remaining stake in offshore MLP
US-listed owner said disposal is part of strategy to focus on its core tanker and gas businesses.
30 April 2019 5:30 GMT
Updated
30 April 2019 7:55 GMT
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