CPCC purchases Xin Xing shares and net debts at RMB9.13 bln

China Petroleum & Chemical Corporation (0386) declared that it would invest
 RMB9.13 bln to acquire all shares and loans of Xin Xing Petroleum from its
 parent company. RMB6.4461 bln was used to acquire Xin Xing shares and RMB2
.6839 bln to pay Xin Xing net debts. The payment would be made in cash that

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