China's Hony Capital buys 2.5% more in Santos for $121.2m

China's Hony Capital buys 2.5% more in Santos for $121.2m

Photo: Bloomberg

Chinese private equity firm Hony Capital has acquired additional 2.5 per cent stake in Australian natural gas producer Santos Ltd. for about $121.2 million (A$159.2 million), Santos said on Friday confirming market speculation on sale of its shares.

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