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Two bidders for Petroplus UK Coryton refinery-MEP
LONDON |
LONDON May 17 (Reuters) - Two preferred bidders are engaged in negotiations to buy Coryton, the UK's Petroplus plant, and one is looking to seal a deal within 10 days, Richard Howitt, a Member of the European Pariament said on Thursday.
The administrator PwC had previously said that a deal would be reached by the middle of May.
A deal with Morgan Stanley, KKR and Marcel Van Poecke to supply crude to the plant expired at midnight last night, Howitt said.
PwC declined to comment.
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