(Reuters) - Oil tanker operator OMI Corp. said on Tuesday it agreed to be bought by Teekay and Torm for $29.25 a share in cash, valuing the company at nearly $2 billion.
Teekay will keep OMI's Suezmax operations and eight product tankers, and Torm will buy its remaining 26 product tankers.
Read more at Reuters.com Mergers News
Showing posts with label Torm. Show all posts
Showing posts with label Torm. Show all posts
Wednesday, April 18, 2007
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