Saturday 20 October 2012

UPDATE 5-Canada blocks $5.2 bln Petronas bid for Progress Energy

TORONTO/KUALA LUMPUR, Oct 20 (Reuters) - Canada has blocked
Malaysian state oil firm Petronas' C$5.17 billion ($5.2 billion)
bid for gas producer Progress Energy Resources in a
surprise move that could signal problems for a much larger
Chinese deal in the country's energy sector.

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