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Examples
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China Gas's network would support Sinopec's efforts to pipe that gas into homes across the mainland.
Hostile Takeover's a Gas in China's Energy Sector Tom Orlik 2011
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Two senior executives—including Managing Director Liu Ming Hui , China Gas's single biggest shareholder, with a 13% stake—were arrested by police in Shenzhen, China, last December on suspicions of embezzlement.
China Versus Shareholders Alison Tudor 2011
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But that was just two months before the arrests, which depressed China Gas's share price.
China Versus Shareholders Alison Tudor 2011
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If the bid succeeds, ENN would take 55% of China Gas's shares, with the rest going to Sinopec.
China Versus Shareholders Alison Tudor 2011
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China Gas's shares tumbled as much as roughly 50% since last year's arrests but have recovered somewhat in the last few months on takeover speculation.
China Versus Shareholders Alison Tudor 2011
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First, China Gas's former managing director and biggest shareholder, Liu Minghui—jailed in late 2010 on allegations of embezzlement—is not giving up his company without a fight.
China Gas Flares Up Tom Orlik 2012
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National Fuel Gas's stock, which returned 34% in 2010, rallied after the company announced last September that it was seeking a partner for its assets in the Marcellus shale, a prolific gas-production area in Pennsylvania.
Utilities 2011
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One analyst said China Gas's latest announcement represents only "an act of resistance" rather than a move to look for a rival bidder.
China Gas Pushes Back on Bid Chester Yung 2011
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China Gas's distribution network would be an important strategic asset for Sinopec.
China Gas Flares Up Tom Orlik 2012
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Which brave company would be China Gas's "white knight"—willing to launch a bid to counter a state-owned giant?
Hostile Takeover's a Gas in China's Energy Sector Tom Orlik 2011
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