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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 19.15 USD | +0.79% |
|
-1.49% | -6.95% |
(Reuters) - Asset manager Brookfield Business Partners said on Wednesday it would buy 60 percent of Teekay Offshore Partners, a subsidiary of marine transportation provider Teekay Corp, for about $750 million.
Brookfield said it would invest $610 million to buy the stake in Teekay Offshore and will also acquire a $200 million loan given by Teekay Corp to Teekay Offshore.
Teekay Corp in a separate statement said, following the transaction, it would own 14 percent of Teekay Offshore.
(Reporting by Ishita Palli; Editing by Sunil Nair)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 55.96 CAD | +1.82% | +4.36% | 60.75B | ||
| 7.5 USD | +2.04% | +3.31% | 672M | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -6.95% | 4.12B | |
| +36.16% | 27.29B | |
| -13.74% | 26.65B | |
| +25.00% | 26.56B | |
| -0.71% | 23.73B | |
| +44.49% | 22.46B | |
| +2.78% | 19.61B | |
| +1.45% | 18.04B | |
| +28.54% | 16.12B | |
| -14.80% | 14.69B |
BROOKFIELD BUSINESS PARTNERS L.P. 
