China Gold Jeweler to Pay at least $665 Million for a U.S. Oil Operator #ERG Resource LLC The #Beijing based company will pay for the acquisition with a private share placement, raising as much as 5.7 billion yuan ($940 million) from no more than 10 investors, #Goldleaf said in a statement today to the #Shenzhen stock exchange. It will hold 95 percent of #Houston, Texas-based ERG after the purchase. &Rob 2014-02-18 12:33:07 |