Hony invests $121m in Australian oil player Santos
Chinese private equity firm Hony Capital has re-upped in Australia-listed oil and gas supplier Santos for A$159.2 million ($120.8 million).
In a statement to the Australian Stock Exchange, Santos said Hony bought 40 million shares, representing 2.25% of the company's total issued capital, at A$3.98 apiece. The price represented an 11% premium...
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