It is reported that thermal power producer Top Energy Company Shanxi plans to acquire a 51%stake in Shanxi International Electricity Natural Gas in order to become the latter controlling shareholder.

The target company is engaged in the investment, construction and management of natural gas-related businesses and was awarded licenses by the Shanxi government to engage in the coal bed methane, natural gas, coke oven gas, coal and natural gas businesses.

(Sourced from yicai.com)