Petrochina offers $1 bln for agreed Ineos j/v

PetroChina is offering $1 billion for a 50 percent stake in refineries in France and Scotland, seller UK chemical group Ineos said on Monday, in the first indication of the deal's value.
Under an agreement struck earlier this month, Petrochina will acquire a 50 percent stake in Ineos' European refining business, including the plants at Grangemouth in Scotland and Lavera in France.
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Source: Reuters