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ASIA

Petronas makes bid on LNG shipper

Malaysia's state-owned energy company Petronas has made an offer to buy shipping unit MISC in a d...

Bianca Bartucciotto

The company said it would pay 5.3 ringgit per share in cash to take over the 37% stake it doesn't already own in the gas shipper. The company said the global market was having its effect on the sustainability...

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