Vol. 12, No. 9 Week of March 04, 2007
Oil and gas deal-making tallied C$56.9 billion in Canada last year, an increase of 32 percent from 2005, and accounting for one-quarter of all Canadian mergers and acquisitions, said investment banker Crosbie & Co.
But the list includes the planned C$8.7 billion takeout of Shell Canada by its parent company Royal Dutch Shell — a transaction that has yet to be concluded.
The other major transactions were TransCanada’s US$3.4 billion purchase of ANR Pipeline from El Paso and Canadian Natural Resources’ US$4.25 billion acquisition of Anadarko Canada.
—Gary Park
shellplc.website and its sister non-profit websites royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are owned by John Donovan. There is also a Wikipedia feature.
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