Japan's Osaka Gas to buy US-based Sabine Oil for $610m

Japan's Osaka Gas to buy US-based Sabine Oil for $610m

Photo by khunaspix. Image ID: 100301036 (freedigitalphotos.net)

Osaka Gas Co Ltd said on Monday it will buy U.S. shale gas developer Sabine Oil & Gas Corp for $610 million, as the Japanese company aims to expand its overseas business to seek future growth.