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PetroChina Co Ltd's Indirect Subsidiaries Announces Acquisition

Wednesday, 13 Nov 2013 04:21am EST 

PetroChina Co Ltd announced that announced that, CNPC E&D Holdings Cooperatief U.A. and CNODC International Holding Ltd (collectively the Purchasers), both being indirect subsidiaries of the Company, entered into an acquisition agreement with Petrobras International Braspetro B.V. (the PIB) and Petrobras De Valores Internacional De Espana S.L. (the PVIE) (collectively, the Sellers) on November 13, 2013, regarding the acquisition of the entire shares (being 145,001,000 shares) of Petrobras Energia Peru S.A. (the Target Company) by the Purchasers from the Sellers with a consideration of approximately USD2.6 billion (equivalent to approximately HKD20.16 billion). 

Company Quote

-5.8 -6.94%
1 Sep 2015