Under the agreement, Petronas will pay US$ 635 million (RM2.1 billion) in cash with adjustment at completion.
Petronas to acquire Phillips 66 stake in MRC for RM2.1 bil
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Petroliam Nasional Bhd (Petronas) will acquire Phillips 66 Asia Ltd's 47% interest in Malaysian Refining Co Sdn Bhd (MRC).
