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Last Updated: 6 February, 2012
Singapore Petroleum
PetroChina acquires Keppel’s 45.5% stake in SPC for $1.02 billion
In the latest billions-of-dollars overseas energy and resource-related takeovers by cash-rich Chinese companies, Asia's oil and gas bigwig PetroChina has gone in for a $1.02 billion (1.47 billion Singapore dollars) acquisition of Keppel Corp's 45.5 percent stake in Singapore Petroleum Company (SPC).
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