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Top 10 overseas M&As by Chinese companies

Updated: 2014-06-20 07:55 By Sun Chengdong (chinadaily.com.cn)
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No 8: Sinochem Group acquired 35 percent Block BC-10 Parque das Conchas

Sinochem Group of China 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

Top 10 overseas M&As by Chinese companies

A pedestrian walks past the headquarters of Sinochem Group in Beijing, China, 8 July 2011. [Photo/IC] 

Top 10 overseas M&As by Chinese companies Top 10 overseas M&As by Chinese companies Top 10 overseas M&As by Chinese companies
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