Top 10 overseas M&As by Chinese companies

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The headquarter of Sinochem Group in Beijing, China. [File photo]


No 8: Sinochem Group acquired 35 percent Block BC-10 Parque das Conchas

Sinochem Group of China announced that it will acquire a 35 percent stake in Block BC-10 Parque das Conchas, an oil and gas exploration and production block majority owned by Royal Dutch PLC, from Petroleo Brasileiro SA Petrobras, for $1.54 billion.

Acquirer: Sinochem

Target: Block BC-10 Parque das Conchas

Value: $1.54 billion

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