China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs
HNA Unit Acquires 80% of Tianjin Northern Petroleum For $137M
Aggregated Source: China Money Network
oilA unit of HNA Group Co., Ltd has invested RMB910 million (US$137 million) in Chinese petrochemical enterprise Tianjin Northern Petroleum to acquire an 80% equity stake, according to an article by Caixin Meida. The unit, HNA Logistics, plans to develop the company into an aircraft and marine fuel provider, an operator of petrochemical bases and […]


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.

Original URL: Click here to visit original article
Copyright China Money Network