Singapore’s Keppel completes $3.34 billion sale of unit to Sembmarine

(Reuters) – 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)

(Reporting by Jaskiran Singh in Bengaluru; Editing by Savio D’Souza)

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