Sinopec (SNP) and piped-gas distributor ENN Energy (XNGSF.PK) plan to spend up to HK$16.7B...


Sinopec (SNP) and piped-gas distributor ENN Energy (XNGSF.PK) plan to spend up to HK$16.7B ($2.15B) to buy the outstanding shares in China Gas Holdings (CGHOF.PK), with the deal part of Sinopec's efforts to turn into a global energy giant. China Gas hasn't decided whether it will recommend the bid.
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