Teekay Offshore Partners has entered into an agreement and plan of merger with Brookfield Business Partners, and certain of its affiliates and institutional partners. According to the deal, the…
https://worldmaritimenews.com/archives/284069/teekay-accepts-improved-brookfield-merger-offer/
Teekay Offshore Partners hired an independent legal counsel and a financial advisor to evaluate the offer.
https://worldmaritimenews.com/archives/277804/teekay-offshore-hires-advisors-for-brookfield-offer/
Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.
The first time I privately met the bankers of Oaktree Capital Management in London was soon after Blackstone surrendered control of Klöckner Pentaplast, a German plastic films maker that cost the private equity behemoth a fortune – activist investor Cevian won big in those days, getting out of it just before the 2008 meltdown.
For Blackstone, the outcome of that investment – in terms of hefty losses – was possibly even …
The post Supply chain radar: Brookfield’s $4.7bn Oaktree Capital deal – a...