Top 10 overseas M&As by Chinese companies
Updated: 2014-06-20 07:55 By Sun Chengdong (chinadaily.com.cn)No 6: Corp acquired 60 percent of SPI (Australia) Assets Pty Ltd
State Grid Internaional Development Ltd, a wholly-owned unit of Chinese State- owned State Grid Corp, acquired 60 percent of SPI (Australia) Assets Pty Ltd, a Melbourne-based provider of energy services, from Singapore state-owned Teek Holding (Pte) Ltd, for $2.85 billion.
Acquirer: State Grid Corp
Target: SPI (Australia) Assets Pty Ltd
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emasek Holdings' head of strategy Chia Song Hwee, center, chief investment officer Tan Chong Lee, left, and Head of Portfolio Management Dilhan Pillay, right, answers questions from the media on Thursday, July 5, 2012. [Photo/IC] |
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