Afren co-founder Bert Cooper has secured the backing of Chinese conglomerate Fosun and the China-Africa Development Fund for his $500m, all-cash bid for a controlling stake in the listed oil company.
PressDigest
Co-founder secures Chinese backing for Afren bid
Afren co-founder Bert Cooper has secured the backing of Chinese conglomerate Fosun and the China-Africa Development Fund for his $500m, all-cash bid for a controlling stake in the listed oil company.