Norton Rose Aids Petronas In $5.3B Deal For Shale Developer
Petronas' Canadian subsidiary will pay CA$20.45 per share for Alberta-based Progress, a handsome premium at 77 percent above the stock's Wednesday closing price on the Toronto Stock Exchange and 83 percent higher than Progress shares' 30-day trading average, according to the Canadian gas company.
Government-owned Petronas, which...
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