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China Yangtze Power spends US$3.6 billion on Sempra’s Peruvian assets

iStock.com/Eduardo Frederiksen

Baker McKenzie LLP’s Chicago and Miami offices and Muñiz, Olaya, Meléndez, Castro, Ono & Herrera in Lima have helped China Yangtze Power (CYP) buy US Sempra Energy’s Peruvian business for US$3.6 billion, in the largest overseas M&A transaction by a Chinese company in 2019.