State-owned Sinochem Group, which is engaged in the development of agriculture, energy, chemistry, real estate and finance, is near concluding a transaction to purchase an independent oil firm in Kazakhstan for US$320 million, said industry sources.One source familiar with the talks said that the deal, which has...
Sinochem International Corp<600500> yesterday announced that it plans to issue RMB 1 billion in five-year notes on the interbank market on Nov. 2, market sources reported.The Shanghai-listed firm said in a statement that the medium-term notes will be issued at the face value and that the yield will be determined...
State-owned Sinochem Group, a Chinese chemical giant, has agreed in principle to offer US$2.46 billion or A$2.84 billion for Nurfarm Ltd, an Australian chemical firm, according to a statement recently released by the Australian firm.Sinochem plans to acquire Nurfarm at an average price of A$13 per share, nearly a...
Sinochem Monday signed agreements with Nufarm, under which the company would offer A$13 per Nufarm share
Sinochem, China's largest chemicals trader, offered to buy Australia's Nufarm for A$2.8 billion ($2.4 billion) to gain a global distribution network for pesticides and herbicides. State-owned Sinochem signed an initial accord to pay A$13 ($11) per share for Nufarm, Australia's largest supplier of...
* Deal subject to Australian foreign investment approval * Sinochem offering 17 pct premium * Nufarm shares up 7.4 percent; still below offer price (Adds S&P comments, updates shares) SYDNEY, Sept 28 - Chinese state-owned...
London-listed oil and gas firm Gulfsands Petroleum did not hold talks with or receive a takeover bid from Sinochem Group, said a spokesman of Gulfsands Petroleum on Sep. 1.Rumor had it that Sinochem Group would pay US$651.4 million, a total reflecting a premium of 42% over the Aug. 28 share price of...
State-owned Sinochem Group, which is engaged in the development of agriculture, energy, chemistry, real estate and finance, has agreed to purchase London-listed Emerald Energy for US$878 million, sources reported.Sinochem is offering 750 pence per share to acquire Emerald Energy, a share price nearly 34%...
BEIJING, Aug 13 - Chinese state oil trader Sinochem is quietly building its first wholly-owned major refinery in southern China, and eyes a strategic partnership with Kuwait's state oil firm and French major Total, industry...
Sinochem International Corp<600500>, the largest chemical products supplier in China, plans to issue up to RMB 1.7 billion (US$249.1 million) in five-year medium-term notes, said the company in a statement on Tuesday.The proceeds will be used to repay bank loans and replenish working capital...