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Insight: How the Petronas deal fell victim to Canada's China fears

By: Yossel in TT | Recommend this post (0)
Fri, 26 Oct 12 5:20 PM | 319 view(s)
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Insight: How the Petronas deal fell victim to Canada's China fears

(Reuters) - Malaysian state-owned oil company Petronas was so confident last Friday that its purchase of Progress Energy Resources Corp would be approved by Canada that company officials had drafted a press release to announce the news.

David Ljunggren and Scott Haggett

OTTAWA/CALGARY
Fri Oct 26, 2012 2:34am EDT

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http://www.reuters.com/article/2012/10/26/us-investment-petronas-cnooc-idUSBRE89P06720121026




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