Turks and Caicos Free Press
| 7 months ago
Canada said on Saturday it still invites foreign investment in natural resources despite its surprise rejection of a C$5.17 billion ($5.2 billion) takeover of Progress Energy Resources Corp by Malaysia's Petronas , a deal that had been expected to...
Reuters
| 7 months ago
Topics Motorists pump gas at Petronas petrol station in Putrajaya January 27, 2011. Progress Energy Resources Corp said on Saturday that it would take the next 30 days to determine the nature of concerns that led to Ottawa's rejection of its takeover...
Arab News
| 7 months ago
A top Canadian official said his country is not satisfied with the $ 5.3 billion bid by Malaysian state energy firm Petronas to buy the Canadian gas producer Progress Energy Resources. "I can confirm that I have sent a notice letter to Petronas...
The Globe & Mail
| 7 months ago
Prime Minister Stephen Harper rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Wednesday, Oct. 3, 2012. Ltd's $15.1 billion offer to buy the Canadian oil and gas producer. The company's common and preferred...
MarketWatch
| 7 months ago
The impact of failed U.S.-China deals The U.S. government has blocked another Chinese firm's investment, citing security concerns. It didn't say why it nixed the deal, but Canadian law requires such deals be of net benefit to the country's economy,...
Turks and Caicos Free Press
| 7 months ago
The Canadian government delivered a surprising 11th-hour rejection of a C$5.2 billion ($5.3 billion) takeover of Progress Energy Resources Corp by Malaysia's Petronas , raising questions about its desire for foreign energy investment. Ltd and...
Turks and Caicos Free Press
| 7 months ago
Canada signaled a tough line on control of its natural resources with its surprise rejection of a Malaysian bid for gas company Progress Energy Resources Corp. , putting concerns about state-owned firms above fears of damaging an already dented...
Daily News & Analysis
| 7 months ago
Canada has blocked Malaysian state oil firm Petronas's C$5.17 billion ($5.2 billion) bid for gas producer Progress Energy Resources, throwing the country's energy sector into turmoil. C$15.1 billion offer for oil producer Nexen and, longer term,...
