Beijing Enterprises Holdings Ltd said on Tuesday it would buy from its parent company 22.01 percent of city gas pipelines operator China Gas Holdings Ltd for HK$8.22 billion ($1.06 billion) to strengthen its position in the Chinese natural gas sector.

Beijing Enterprises Holdings, which also has brewery, sewage and water treatment operations in the mainland, will buy China Gas shares from parent Beijing Enterprises Group Company Ltd at HK$7.80 each, it said in a filing with the Hong Kong bourse.

The deal will be settled with HK$2 billion in cash and by the issue of 113.13 million new Beijing Enterprises Holdings shares at HK$55 each to the parent, increasing the parent's stake in Beijing Enterprises Holdings to 61.59 percent from 57.86 percent.

北京控股向控股股东收购中国燃气22%股份,涉资82.2亿港元

北京市政府背景的北京控股有限公司 周二公告称,向控股股东北控集团收购其所持的中国燃气 22.01%股份,总收购金额为82.22亿港元。

北京控股在联交所发布公告指出,收购价格为每股7.80港元,收购代价将以现金20亿港元以及发行1.13亿新股支付。

根据联交所上周资料,北控集团按平均每股9.004港元,购入318万股中国燃气股份,涉资约2,863万港元;该次增持后,持股比例由21.94%升至22.01%,继续落实最大股东地位。

中国燃气去年力抗中石化 与新奥能源 敌意收购时,北控集团不断在市场上增持中国燃气的股份,惟动机始终未明。其后中国燃气与中石化“和好”,并展开战略合作商谈。

北控集团为北京控股 的控股股东,后者亦从事城市燃气供应业务。摩根士丹利为此收购的财务顾问。

中国燃气周一收在8.83港元,过去一个月来升20.301%;北京控股收在55.35港元,过去一个月来跌7.203%。

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