Get a free trial on EXPERT STOCK SCREENER!
Kencana Petroleum Bhd, a Malaysian oil and gas services provider said it received an offer to merge with local rival SapuraCrest Petroleum Bhd.
Integral Key Sdn Bhd, a closely held company, offered to buy both companies with a view to a merger, Kencana said in an exchange filing.
Kencana was offered the equivalent of RM3 per share in stock and cash, it said. - Bloomberg
Subscribe to:
Post Comments (Atom)