PetroChina to buy remaining stock in Jilin Chemical
New York -- PetroChina Company Limited has announced that it intends to acquire all outstanding overseas listed foreign invested ordinary shares (H shares, including H shares represented by American depositary shares) and domestic invested shares (A shares) of Jilin Chemical Industrial Company Limited.
PetroChina already owns 67.3% of the outstanding share capital of the Jilin.
The company made the offer subject to certain conditions and according to the regulations of the US Stock Exchange Commission
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