Tag Archives: oil-company

Suncor to buy Petro-Canada for $15 billion

Reuters – 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 […]

Hedge funds hot – but not too hot – for Nova Chemicals

Globe and Mail – The hedge fund crowd jumped on Nova Chemicals yesterday, thrilled to invest in a takeover, but pessimistic that a bidding war will begin for the chemical company. Despite heavy trading yesterday, the price of shares in […]

Leopard Capital Competes to Invest in Cambodia Acleda Bank

Bloomberg – Leopard Capital, which is setting up a $100 million private-equity fund to invest in Cambodia, said it’s competing to buy a stake in Acleda Bank Plc, the largest Cambodian bank. “It’s the best-run bank, it’s clean and it […]