PetroChina targets first cross-border acquisition

    June 24, 2009 | BY

    clpstaff &clp articles

    PetroChina is purchasing a 45.5% stake in Singapore's only homegrown oil company

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    The world's second largest oil company PetroChina is purchasing a 45.5% stake in Singapore's only homegrown oil company Singapore Petroleum Company (SPC).

    If the deal negotiates regulatory approvals it will