Singapore's Keppel Completes $3.34B Sale of Offshore Unit to Sembmarine
Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals.
($1 = 1.3484 Singapore dollars)
(Reuters - Reporting by Jaskiran Singh in Bengaluru; Editing by Savio D'Souza)