Heavy Oil Investing News » PetroCan and Suncor: Birth of oil champion?

PetroCan and Suncor: Birth of oil champion?

March 24, 2009 @ 9:35 pm In Heavy Oil Company News

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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