Brief: HALCYON Agri Corp confirms it is in talks with Sinochem regarding a potential deal
15/01/2016 07:14
Jan 15 (Reuters) - HALCYON Agri Corp Ltd HALC.SI : * Response to query regarding trading activity) HALC.SI * Says confirms that it is in discussions with Sinochem with the possibility of a potential strategic transaction * Says notes recent media reports concerning the company and Sinochem International Corporation * Discussions on the potential transaction are ongoing and are subject to the requisite approvals" * Confirms "possibility of Sinochem purchasing a controlling interest in the company" * Transaction involving combination of group and sinochem's interests in GMG Global Ltd & certain rubber-related assets of Sinochem * Says no definitive agreements have been entered into * Source text for Eikon ID:nSNZ4CmWJl ((For more news, please click here HALC.SI )) ((Bengaluru Newsroom; +91 80 6749 1130))
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