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BIZCHINA / Chemical |
Blackstone eyes 30 percent of China BlueStar chemicals businessBy ()
Updated: 2007-06-20 10:46 US-based Blackstone Group is in preliminary talks to acquire a 30 percent stake in China National BlueStar (Group) Corp's chemicals business for around US$500 million. China National Bluestar has chemicals, auto and food businesses. It has three listed and over 10 non-listed units. (For more biz stories, please visit Industry Updates)
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