State Grid China purchase 49% in Oman’s Power transmission company
State Grid Corp. of China has agreed to acquire a 49% stake in Oman’s state-owned power transmission company in the first major privatization by the Middle East’s largest non-OPEC oil producer. The Chinese state-owned company announced the deal on its website Monday, without providing any financial details. The statement confirmed an earlier Bloomberg News report. State Grid will buy the stake in a transact ...
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