Petrocorp to end talks by June

摘要

Petrocorp expects to conclude talks with potential investors by the middle of this year,its chairman,Antonio Garcia,told CAN.The chairman said the company had been negotiating with interested parties from Singapore,Thailand,and Europe on the sale of a 51% stake in the Philippine polypropylene(PP)producer.The potential investors included petrochemical companies and fund managers,but Garcia declined to name any of them.An industry source,however,said one of the fund managers was JP Morgan:'it wants Landbank's stake'.