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Sinopec planning Addax takeover

By Wan Zhihong | China Daily | Updated: 2009-06-11 08:09

Sinopec planning Addax takeover

A Sinopec refinery in Zhenhai, Zhejiang province. CFP

China's largest refiner Sinopec is considering an $8 billion bid for the Geneva-based oil and gas producer Addax Petroleum Corp.

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