Sinopec Offers HK$3.8 Bln to Buy Out Beijing Yanhua
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China Petroleum &amp; Chemical Corp., Asia&#39;s largest oil refiner, offered HK$3.8 billion ($492 million) to buy shares of Sinopec Beijing Yanhua Petrochemical Co.
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Chairman of China Petroleum and Chemical Corporation resigns    BEIJING, June 22 (Xinhua) -- Chen Tonghai has resigned from the post of board chairman of the China Petroleum and Chemical Corporation, known as Sinopec Corp., the company said in a statement released on Friday.
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China's largest personal computer maker, Lenovo Group Ltd. (0992.HK), said on Wednesday it is buying control of IBM's PC-making business for &#36;1.25 billion, capping the U.S. tech giant's gradual withdrawal from the business it helped pioneer in 1981.
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Singapore-based PSA International is leading a pack of shipping giants, which includes tycoon Li Ka-shing&#39;s flagship Hutchison Whampoa, that are prepared to shell out upward of US$1 billion (HK$7.8 billion) to buy CSX World Terminals&#39; port assets
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The deal, estimated in the past at some $8 billion, should warm relations between the world's top two energy consumers, who have clashed lately over a range of issues from the yuan currency to the Chinese bid ...Comment
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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By Kamarul Yunus  LITTLE-known trading firm Ben Rautin Sdn Bhd is talking with at least two Chinese state-owned oil and gas companies to take up equity participation in its proposed US$4 billion (RM14 billion) refinery-petrochemical complex in Lufeng, China.
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Chinese aluminium giant Chinalco said on Friday it had teamed up with US peer Alcoa to buy a 12-percent stake in Anglo-Australian mining group Rio Tinto plc.
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Australiaâs largest airline agreed to an $8.7 billion buyout offer from a consortium led by Macquarie Bank and the Texas Pacific Group.
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ExcelStor, owned by the Chinese government, is being acquired in a stock deal.
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By Li Weitao  Hong Kong-listed China Telecom Corp Ltd has agreed to buy telecom- related assets from its State-owned parent in a move to increase its stock appeal as it copes with a slowing fixed-line business and a failure to obtain licenses to offer mobile phone services.
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A Chinese company has become the third largest PC seller in the world by buying IBM&#39;s personal computer business. Lenovo has bought the business for USD 1.25 billion, of which USD650m is in cash and the rest in Lenovo shares.
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China National Petroleum Corp. is willing to lend the state-controlled buyer of the embattled Yukos oil company's biggest production unit up to &#36;6 billion to finance the purchase, a newspaper reported Tuesday.
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Chinese oil firm Sinopec unveils a large-scale restructuring to increase its petrol stations and petrochemical plants.
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HAVANA  - Cuba signed a production contract with China Petroleum &amp; Chemical Corp., or SINOPEC, to work in areas around the island believed to contain oil deposits, the government announced Monday.
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HONG KONG Air China, the nation&#39;s biggest international carrier, has raised 8.36 billion Hong Kong dollars, or $1.08 billion, in an initial public offering after pricing its shares at the high end of a target range, bankers involved in the sale said
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HONG KONG HSBC Holdings and Standard Chartered have received licenses to conduct local-currency business with Chinese companies in Beijing, the first overseas banks to gain greater access to the nation&#39;s capital.