Top 10 overseas M&As by Chinese companies
Updated: 2014-06-20 07:55
By Sun Chengdong (chinadaily.com.cn)
No 6: State Grid Corp acquired 60 percent of SPI (Australia) Assets Pty Ltd
State Grid Internaional Development Ltd, a wholly-owned unit of Chinese State- owned State Grid Corp, acquired 60 percent of SPI (Australia) Assets Pty Ltd, a Melbourne-based provider of energy infrastructure services, from Singapore state-owned Temasek Holding (Pte) Ltd, for $2.85 billion.
Acquirer: State Grid Corp
Target: SPI (Australia) Assets Pty Ltd
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