09 September 2010 08:33 [Source: ICIS news]
In a disclosure to the Stock Exchange of Thailand, PTT president and CEO Prasert Bunsumpun said that its unit PTT Retail Management Co Ltd, which operates service stations and convenience stores, would be bidding for Carrefour's southeast Asian assets.
"However, there shall be additional steps and processes to be taken as prescribed by the seller," said Bunsumpun.
Carrefour was seeking a buyer for its southeast Asian operations covering Thailand, Singapore and Malaysia, to focus on market where it has a leading position, based on media reports.
To discuss issues facing the chemical industry go to ICIS connect
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections