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CNPC buys
February 27, 2009, Friday
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Print Edition
Print Edition
CHINA National Petroleum Corp, the biggest Chinese oil company, agreed to buy Canada's Verenex Energy Inc for about C$499 million (US$398 million).
A unit of CNPC International Ltd agreed on Tuesday to buy the Canadian firm for C$10 a share in cash, said a Verenex statement yesterday.
A unit of CNPC International Ltd agreed on Tuesday to buy the Canadian firm for C$10 a share in cash, said a Verenex statement yesterday.
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