French acquisitions 'like partners'

Chemical giant Bluestar retains management, employees, procedures

China National Bluestar (Group) Co is forging ahead with its French subsidiaries as they operate together like partners, said Lu Xiaobao, the company's general manager.

"It is not like 'I buy you and you work for me'. Instead, we are more like partners that help each other pursue our development," said Lu when speaking about Bluestar's acquisitions.