Canada raises foreign takeover levelShifts measuring stick to enterprise value from book value; will triple threshold for formal review to C$1B of assets within 5 years Gary Park For Petroleum News
The Canadian government is overhauling its procedures and raising the monetary threshold for reviews of foreign-initiated corporate takeovers, coinciding with growing interest by Asian state-owned enterprises in natural gas and oil resources.
“Canada has a strong investment climate and these targete....
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Voluntary dispute resolution Lack of transparency
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