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Keppel completes $4.5b sale of unit to Sembmarine

Keppel completes $4.5b sale of unit to Sembmarine
A view of a Keppel Corporation shipyard in Singapore on Jan 19, 2016.
PHOTO: Reuters file

Singapore's Keppel Corp said on Tuesday (Feb 28) that Sembcorp Marine (Sembmarine) has completed a $4.50 billion buyout of its offshore & marine unit after receiving the necessary shareholder approvals. 

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