Friday, October 20, 2006

Mergers & Acquisitions

Malaysia's Tridomain Acres Sdn Bhd acquires 95.4% shares of PT Mitsui Eterindo Chemicals from Mitsui Chemicals Inc (86.9%) and Baylite Company Limited (8.5%) at undisclosed price. Meanwhile PT Schlumberger Geophysics Nusantara (SGN) and PT Reda Pump Indonesia (RPI) will merge with SGN as the surviving company.

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