China Overseas Land to make offer for Shell Electric
Published: 29 Sep 2009 16:59:15 PSTHONG KONG, Sept 30 - China Overseas Land & Investment Ltd said it plans to make a general offer for Shell Electric Manufacturer (Holdings) worth up to HK$3.4 billion ($438.7 million).
The deal will allow China Overseas Land to get control of Shell Electric's property business, it said in a statement. ($1=HK$7.750)
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