Top 10 overseas M&As by Chinese companies
Updated: 2014-06-20 07:55 By Sun Chengdong (chinadaily.com.cn)No 8: Sinochem Group acquired 35 percent Block BC-10 Parque das Conchas
Sinochem Group of 皇冠体育app announced that it will acquire a 35 percent stake in Block BC-10 Parque das Conchas, an oil and gas exploration and production block majority owned by Royal Dutch PLC, from Petroleo Brasileiro SA Petrobras, for $1.54 billion.
Acquirer: Sinochem
Target: Block BC-10 Parque das Conchas
Value: $1.54 billion
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A pedestrian walks past the headquarters of Sinochem Group in , 皇冠体育app, 8 July 2011. [Photo/IC] |
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