VN Dealbook: Totalgaz acquires Petronas’ Vietnam unit, Sacom pull out of Vinamotor takeover

Visual from Vinamotor website.

The Vietnam-based unit of French integrated oil and gas group Total reached a deal to acquire the liquid petroleum gas business of Malaysia’s Petronas in Vietnam even as Sacom Development and Investment Corp, a local company, pulled out of the takeover deal of the Vietnam Motors Industry Corp.

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