Top 10 overseas M&As by Chinese companies
Updated: 2014-06-20 07:55 By Sun Chengdong (chinadaily.com.cn)No 4: China Southern Power Grid Co Ltd and CLP Power Hong Kong Ltd acquired 60 percent of Castle Peak Power Co Ltd
China Southern Power Grid Co Ltd and CLP Power Hong Kong Ltd, a subsidiary of CLP Holdings Ltd, acquired 60 percent of Castle Peak Power Co Ltd, a Hong Kong-based electricity utility company, from ExxonMobile Energy, for $3.09 billion.
Acquirer: China Southern Power Grid Co Ltd and CLP Power Hong Kong Ltd
Target: Castle Peak Power Co Ltd
Value: $3.09 billion
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An office building of China Southern Power Grid is seen in Guangzhou city, south Chinas Guangdong province, 14 July 2011. [Photo/IC] |
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