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.
