BIZCHINA> Top Biz News
Sinopec wins govt approval of Addax takeover
(Xinhua)
Updated: 2009-08-12 13:54

Related readings:
Sinopec wins govt approval of Addax takeover Sinopec, CNOOC to buy 20% of block in Angola for $1.3b
Sinopec wins govt approval of Addax takeover Sinopec to buy Addax for $7.3b

Sinopec Group, China's largest oil refiner, announced Wednesday that it had got approval from the National Development and Reform Commission of an 8.27 billion Canadian dollar ($7.51 billion) bid for taking over Geneva-based oil and gas producer Addax Petroleum Corp.


(For more biz stories, please visit Industries)