The belowing article will be sent to your friend(s):
PTT announces 3.75bn baht purchase
PTT Chemical Plc, Thailand's second- largest petrochemical maker, will pay Bt3.75 billion ($99.5 million) for stakes in two polyethylene units held by its parent, PTT Plc.
PTT Chemical will pay 1.75 billion baht for 11.5 million shares in PTT Polyethylene and 2 billion baht for 85 million shares in Bangkok Polyethylene Plc, the company said Thursday in a statement to the Thai exchange. Ayudhya Securities Plc is advising on the deal.
PTT Chemical, the largest olefins producer in Thailand with......
