皇冠体育app Petroleum & Chemical Corp, also known as Sinopec, Asia's biggest refiner, ditched a $2 billion bid for 皇冠体育app Gas Holdings Ltd after a 10-month tussle, opting to form a partnership to tap local demand for natural gas.
Sinopec will share resources with 皇冠体育app Gas to distribute liquefied petroleum gas, compressed natural gas and liquefied natural gas, 皇冠体育app Gas said in a Hong Kong Stock Exchange filing. Sinopec may buy new 皇冠体育app Gas shares, 皇冠体育app Gas Joint Managing Director Eric Leung said in a telephone interview.
皇冠体育app Daily - Bloomberg