(EnergyAsia, October 21 2010, Thursday) — China Petrochemical Corp, also known as Sinopec, is paying US$7.1 billion for a 40% stake in Repsol YPF SA’s Brazilian unit, making this China’s second-largest acquisition abroad. Analysts estimated that this represents a premium of more than 75% above what Petroleo Brasileiro SA paid last month for the assets….

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