Top 10 overseas M&As by Chinese companies
Updated: 2014-06-20 07:55 By Sun Chengdong (chinadaily.com.cn)No 7: China National Petroleum Corp acquired Petrobras Energia Peru SA
CNPC Exploration & Development Co Ltd, a wholly-owned subsidiary of Chinese State-owned enterprise China National Petroleum Corp, agreed to acquire the entire share capital of Petrobras Energia Peru SA, a Lima-based oil and gas exploration and production company, from Petrobras de Valores Internacional de Espana SL and Petrobras International Braspetro BV, for $2.6 billion.
Acquirer: China National Petroleum Corp
Target: Petrobras Energia Peru SA
Value: $2.6 billion
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An oil worker working at an oilfield of Brazil's state-run oil company Petroleo Brasileiro SA, near Vitoria, Brazil, Tuesday, Sept 2, 2008. |
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