Top 10 overseas M&As by Chinese companies

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An oil worker working at an oilfield of Brazil's state-run oil company Petroleo Brasileiro SA, near Vitoria, Brazil, Tuesday, Sept 2, 2008. [File photo]


No 7: China National Petroleum Corp acquired Petrobras Energia Peru SA

CNPC Exploration & Development Co Ltd, a wholly-owned subsidiary of Chinese State-owned enterprise China National Petroleum Corp, agreed to acquire the entire share capital of Petrobras Energia Peru SA, a Lima-based oil and gas exploration and production company, from Petrobras de Valores Internacional de Espana SL and Petrobras International Braspetro BV, for $2.6 billion.

Acquirer: China National Petroleum Corp

Target: Petrobras Energia Peru SA

Value: $2.6 billion

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