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ECM: Tanjung Offshore: An M&A target

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Publish date: Mon, 20 Feb 2012, 09:47 AM
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Potential suitors have been eyeing oil & gas support service provider Tanjung Offshore Bhd as a prospective merger and acquisition target, say sources. "Interest started brewing at the end of last year. A couple of potential suitors have done prospective M&A scenarios involving Tanjung Offshore, but things are still preliminary... There is nothing set in stone yet," says a source familiar with the matter. (The Edge)

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