Petronas Progress Deal

PC

We're All Ears

OTTAWA - Canada is a democracy and public opinion plays a role in the Conservative government's decisions on foreign takeovers, Natural Resources Minister Joe Oliver said Wednesday.Public sentiment is...
AP

Malaysian Takeover Deal Gets Thumbs Down

CALGARY - The proposed $6 billion takeover of Canadian natural gas producer Progress (TSX:PRQ) by Malaysian state-owned energy giant Petronas has hit a potentially lethal snag.After reviewing the deal...