Beijing Enterprises to buy 22pc of China Gas for US$1.1b

Beijing Enterprises Holdings said on Tuesday it would buy from its parent company 22.01 per cent of city gas pipelines operator China Gas Holdings for HK$8.22 billion ($1.06 billion) to strengthen its position in the Chinese natural gas sector.

via Business feed http://www.scmp.com/business/companies/article/1293015/beijing-enterprises-buy-22pc-china-gas-us11b