Bumi Armada to weigh buying MISC energy assets


Talks between the companies are at an advanced stage and a non-binding agreement may be signed as soon as this week.

PETALING JAYA: Bumi Armada Bhd, an oil field services provider controlled by Malaysian tycoon T Ananda Krishnan, is considering buying MISC Bhd’s offshore energy business, according to people with knowledge of the matter.

Talks between the companies are at an advanced stage and a non-binding agreement may be signed as soon as this week, said the people, asking not to be identified because the process is private.

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