The transaction between KMGI and CEFC has failed
The deal for the takeover of 51% of the shares of the oil company KMG International NV, the former Rompetrol…
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Ye Jianming
China energy firm CEFC defaults, parent-company takes over Rompetrol
As corporate defaults pile up in China’s onshore bond market, a unit of a once-promising energy conglomerate with $4.8 billion…
China’s CEFC hit by creditors’ legal action
CEFC China Energy has been hit by legal action from a creditor, even as the cash-strained conglomerate’s biggest financial backer,…
Chinese energy giant CEFC China Energy’s chairman has been probed for suspected economic crimes
The chairman of China’s CEFC China Energy, the private firm that has agreed to buy a nearly $10 billion stake…