date:Jun 04, 2013
ggest cross-border plays for resources have targeted mining and oil companies, including CNOOC Ltd's historic $15.1 billion purchase of Canadian oil and gas producer Nexen Ltd. Its deals for foreign food companies have had relatively low profiles, including State-owned Cofco Corp's purchase of Australian sugar producer Tully Sugar Ltd last year for $140 million and Shanghai-based Bright Food (Group) Co's 2011 purchase of Manassen Foods Australia Pty Ltd for about $522 million, including debt.
T