Mittal Investments sells 50% Stake in Caspian Investment to China Petroleum

01.10.2010
    Mittal Investments S.a.r.l., the investment holding arm of Mittal family, has sold 50% stake in Caspian Investment Resources, Ltd., an operator of oil production project in Kazakhstan, to China Petroleum & Chemical Corporation, a China-based integrated energy and chemical company.     Caspian Investment, which was LUKoil Overseas' 100% subsidiary, has become a...