HO CHI MINH CITY -- A petrol station operator under state-owned Vietnam National Oil and Gas Group has abandoned its search for a strategic foreign investor and will likely turn instead to multiple buyers in a proposed 45% stake sale.
Companies
Vietnam state oil retailer tweaks search plans for foreign strategic partner
Amid market slump, PV Oil compromises on 45% divestment plan
PetroVietnam Oil operates 540 filling stations in the country, with another 3,000 locations run by agents.
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