Hopu as advisor in CNOOC Bridas deal
Leading private equity and multi-strategy investor Hopu Investment Management has reportedly been retained in its first advisory mandate: supporting Bridas Energy Holdings of Argentina in a $3.1 billion JV with China's China National Offshore Oil Corp. (CNOOC), the PRC oil giant's biggest overseas deal to date.
JPMorgan will reportedly be acting as sell-side advisor for CNOOC, latest in many assignments. CNOOC is apparently seeking to take a 50% stake in the Argentinian firm's subsidiary Bridas Corp. For Fang...
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