Samsung C&T agrees to buy Parallel Petroleum for $772 mln -source
November 29, 2011 at 23:43 PM EST
SEOUL, Nov 30 (Reuters) - South Korea's Samsung C&T and the country's state-run oil firm have agreed to buy U.S. oil and gas company Parallel Petroleum from private equity group Apollo Global Management LLC for $772 million, a source close to the deal told Reuters.