Saudi firm bids for Malaysian power assets
2012-02-26 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Saudi Water and Electricity Co has emerged as the highest bidder for the power assets of Malaysian tycoon Ananda Krishnan estimated to be worth over $3bn, the Star daily has reported, citing unnamed sources. Three parties are to be shortlisted for the final round that will determine which bidder can fork out between $3.2bn and $3.6bn, the sources said.  

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