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	<title>Chinafrica - China Africa trade, China investment in Africa &#187; Petrol</title>
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		<title>China National Petroleum to take over Verenex for $499 Million</title>
		<link>http://www.chinafrica.asia/china-national-petroleum-to-take-over-verenex-for-499-million/</link>
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		<pubDate>Thu, 05 Mar 2009 06:18:26 +0000</pubDate>
		<dc:creator>willy</dc:creator>
				<category><![CDATA[Non classé]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Lybia]]></category>
		<category><![CDATA[Petrol]]></category>

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		<description><![CDATA[Verenex Energy Inc. has agreed to the $499-million takeover offer from a subsidiary of state-owned China National Petroleum Corp. Verenex is a Canadian company.
Verenex  had earlier announced that it was seeking for possible buyers with its board  recommending shareholders tender to the $10-per-share cash offer.
Since Verenex operates in Libya the first  consent  for the deal [...]]]></description>
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