<article>Malaysian state energy firm Petroliam Nasional Berhad on Saturday denied a media report that it was interested in buying a controlling stake in South Korea&#8217;s Daewoo Engineering &amp; Construction Co.</article>

Malaysian state energy firm Petroliam Nasional Berhad on Saturday denied a media report that it was interested in buying a controlling stake in South Korea&#8217;s Daewoo Engineering &amp; Construction Co.
Petronas, as the company is known, and Aramco are among potential suitors for a 50.75 percent stake in Daewoo E&amp;C, a deal that could fetch around 2 trillion won ($1.78 billion), South Korea&#8217;s Maeil Business Newspaper said on Friday.
&#8220;Petronas has no intention of entering into such business transaction and wishes to categorically deny the report,&#8221; a company spokesperson told Reuters in an emailed statement.
Reuters

Petronas denied a media report that it was interested in buying a controlling stake in South Korea's Daewoo Engineering & Construction.

Malaysia's Petronas denies interest in equity stake in Daewoo E&C

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Malaysia's Petronas denies interest in equity stake in Daewoo E&C

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