KNOT Offshore Partners' Subsidiary Agrees To Acquire Knutsen Canadian Chartering AS For $113M
KNOT Offshore Partners LP (NYSE:KNOP) ("KNOP", "we" or "us") announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has agreed to acquire Knutsen Canadian Chartering AS, the
KNOP's subsidiary is buying another company for $113 million to grow its oil-shipping business. When companies buy other businesses, watch if it helps them earn more money and serve customers better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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