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$2.2 billion energy company acquisition
October 9, 2011 2:52 PM
(AP) - China's Sinopec International Petroleum Exploration and Production Corp. has agreed to buy Canadian oil and gas company Daylight Energy Ltd. for about $2.2 billion Canadian ($2.1 billion U.S.). Daylight Energy said Sunday that purchase price amounts to a 43.6 percent premium over the average price of the... more »
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