Sunday, 9 October 2011

Sinopec agrees to buy Daylight Energy for $2.2B

China's Sinopec International Petroleum Exploration and Production Corp. said Sunday that it has agreed to buy Canadian oil and gas company Daylight Energy Ltd. for about $2.2 billion Canadian ($2.1 billion U.S.). The purchase price amounts to a 43.6 percent premium over the average price of ...


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