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CNOOC Head Moves to SinoChem to Smooth State-Owned Energy Merger

2019年09月02日 21:22 来源于 财新网
Yang Hua will oversee merger with ChemChina and could help steer its listing of Swiss pesticide-maker Syngenta
Yang Hua, former head of China National Offshore Oil Corp., has taken the helm of SinoChem. Photo: VCG

The former chairman of China’s biggest offshore oil and gas company has been appointed general manager of state-owned energy giant SinoChem to oversee its mega-merger with ChemChina.

The news comes as ChemChina reportedly prepares to list Swiss pesticide-maker Syngenta AG, which it bought in 2017 for $43 billion — in the largest overseas acquisition by a Chinese company to date.

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