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    Today is Sunday, March 21, 2010 at 
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    Posts Tagged ‘haidian district’

    John Rutledge

    Monday, March 23, 2009 : Permalink

    Forbes – John Rutledge is the chairman of Rutledge Capital, a that has invested more than $150 million in middle-market manufacturing, distribution and service companies. He is also member of the Advisory Boards of B.V. Group, a venture capital, hedge fund and real estate investment firm, and First Q Capital, a hedge fund.

    Rutledge is a at the Chinese Academy of Sciences and chief adviser for and investment to the governor of the Haidian District in . He is a board member of the Progress and , the and a senior fellow at the Pacific Research Institute.

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    Suncor to buy Petro-Canada for $15 billion

    Monday, March 23, 2009 : Permalink

    – Suncor Energy Inc has agreed to buy rival Petro-Canada to create Canada’s largest oil company, as the pair seek to tackle tough conditions in the oil sands industry by slashing costs.

    Suncor will pay C$18.43 billion ($14.9 billion) for PetroCanada in the all-share deal which targets $1.3 billion in savings after soaring costs and plummeting oil prices made it hard to turn a profit from squeezing crude out of tarry soil.

    The deal comes after a period of missed earnings targets and a project delay at Petro-Canada and is expected to be completed in the third quarter of 2009.

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