Tanker consolidation continues with TIL-Teekay merger

Consolidation in the tanker shipping sector continues as Tanker Investments (TIL), the Oslo-listed Aframax and Suezmax owner, and Teekay Tankers (TNK), the Vancouver-based listed tanker company, have entered a definite, all-share merger agreement.Source: http://www.sea-web.com

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