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Blackstone eyes 30 percent of China BlueStar chemicals business

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Updated: 2007-06-20 10:46

US-based Blackstone Group is in preliminary talks to acquire a 30 percent stake in China National BlueStar (Group) Corp's chemicals business for around US$500 million.

China National Bluestar has chemicals, auto and food businesses. It has three listed and over 10 non-listed units.


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