KUALA LUMPUR: KNM Group Bhd’s wholly-owned indirect subsidiary KNM Europa BV planned to dispose of its entire stake in FBM Hudson Italiana SpA (FBMHI) for 16.5 million euros (RM84.77 million).

In a filing with Bursa Malaysia, the group said the first offer is by Milan-based BM Carpenterie Oil & Gas S.R.L for the acquisition of a 60 per cent equity stake in FBM Hudson at an indicative ...