PetroCan and Suncor: Birth of oil champion?

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Tue, Mar 24, 2009
Heavy Oil Company News
Post by Melissa Pistilli, Heavy Oil Senior Reporter

Suncor Energy Inc.’s $19.1 billion bid for Petro-Canada unveiled yesterday has the hallmarks of a smart deal, in stark contrast to the spate of over-priced takeouts of Canadian industrial icons Alcan Inc., Inco Ltd. and Falconbridge Inc. at the height of the commodities bubble.

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