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Halcyon confirms talks with Sinochem
But company says the terms or structure of a deal haven't been finalised, and that a deal isn't imminent
Add BT as a preferred sourcePublished Fri, Jan 15, 2016 · 09:50 PM
Singapore
RUBBER processing firm Halcyon Agri on Friday confirmed market speculation that it was in talks with Sinochem International Corporation, but said an agreement on a deal is "not imminent".
Halcyon Agri said that the discussions with Sinochem involve combining Halcyon Agri's assets with Sinochem's interests in GMG Global and certain rubber-related assets, as well as the possibility of Sinochem taking a controlling stake in Halcyon Agri.
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