NYSE-listed Teekay Tankers (TNK) announced it has agreed to acquire all remaining and outstanding shares of Oslo-listed Tanker Investments (TIL) in a share-for-share merger, solidifying Teekay’s position as the world’s largest publicly-listed mid-sized conventional tanker company. TIL’s fleet consists of 10 Suezmax tankers, 6 Aframax tankers and 2 LR2 Product tankers with an average age […]
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