Petronas to buy Canada’s Progress Energy for $5.5-billion!!


Global player!

Malaysia's state-owned energy company has struck a $ 5.5-billion takeover deal with Canada's Progress Energy Resources Corp., a mid-sized natural gas company.
So it appears now without a doubt that, besides Felda's business ventures and involvement in Canada, Petronas is now also becoming another one of our global players!
In this borderless business world we can go anywhere any buy and acquire if it suits our interests, well done Petronas! Read here....
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