Sinochem Unit gets USD1.65 Billion Investment from State Firms

Sinochem Unit gets USD1.65 Billion Investment from State Firms
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14.01.2020

MOSCOW (MRC) -- Sinochem Energy, a unit of China's Sinochem Group, has agreed to sell a 20% stake to five state-owned firms for 11.56 billion yuan (USD1.65 billion), reported Kemicalinfo with reference toВ Xinhua news agency.The financial investment arms of Agricultural Bank of China and Industrial Bank of China (ICBC), and Citic Securities Investment Co were the strategic investors, the

Full article at mrcplast.com

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