Teekay Acquires 50.3 Percent Shares of PetroJarl

Wednesday, October 18, 2006
Teekay Shipping Corporation 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.

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Finance

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