KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has submitted a modified bid for Canada's Progress Energy Resources, a Petronas source with knowledge of the matter said, after the Canadian government blocked a US$5.2bil deal last month.
The Malaysian oil company's chief negotiator is back in Kuala Lumpur after submitting the revised bid in Canada, the source told Reuters on Friday. The source did not say what the changes were from the original bid.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
