at MarketWatch.com (Jan 12, 2015)
Sinopec (SNP) may fund its acquisition of $8B worth of its parent's assets by taking on...
Sinopec (SNP) may fund its acquisition of $8B worth of its parent's assets by taking on additional debt, which would add to an already heavy debt burden and limit its outlook on overseas acquisitions. The new assets would increase SNP's proven and probable oil and gas reserves by ~960M boe, raising its valuation but pushing its debt ratio sharply higher than its Chinese peers.
From other sites
at Investor's Business Daily (Jan 8, 2015)
China Stock Roundup: Sinopec Gets Approval for Stake Sale, CNOOC Announces New Gas Discovery - Analyst Blogat Zacks.com (Jan 8, 2015)
at Zacks.com (Dec 29, 2014)
China Stock Roundup: Baidu Invests in Israel, Yingli Solar to Install Solar Farms in Thailand - Analyst Blogat Zacks.com (Dec 11, 2014)
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