Now you see it, now you don’tCanada ends open season for foreign state-owned enterprises to seize control of oil sands; approves CNOOC, Petronas takeovers Gary Park For Petroleum News
The Canadian government left the door open long enough to allow China’s CNOOC and Malaysia’s Petronas to sneak through and gain regulatory approval for their respective takeovers of Nexen and Progress Energy Resources.
At the same time, Prime Minister Stephen Harper slammed the same door on any futu....
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Diverging opinions Estimated C$17B on market SOE threshold remains C$330M Companies disagree
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