Hong Kong-listed Chinese conglomerate Fosun International has agreed to acquire Sydney-based Roc Oil Company Limited (ROC) for around US$442 million (A$474 million) via cash payment, according to a company announcement. Fosun International will acquire all of the Australia-listed ROC's shares at A$0.69 cash per share, representing a 10% premium to the closing price of ROC […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.