Hong Kong-listed MIE Holdings has signed a deal to buy Canadian oil and gas exploration and production assets for C$722 million ($534 million).
A Canadian unit of MIE Holdings will buy CQ Energy Canada Partnership to diversify and grow its asset portfolio, the Hong Kong-listed company said in a regulatory filing on Friday.
MIE said it "constantly evaluates investment opportunities globally and is particularly drawn by Canada’s vast oil and natural gas resources".
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