Thursday, August 5, 2010

Arrow to shortly reply on Shell PetroChina offer: source

PERTH Wed Mar 17, 2010 2:31am EDT Related News Arrow talks may prompt sweetened Shell/PetroChina bidTue, Mar 16 2010Arrow talks may prompt sweetened Shell/PetroChina bidTue, Mar 16 2010Australia AGL open to deals with Shell on gas -paperWed, Mar 10 2010 Stocks & &

PERTH (Reuters) - Australia Arrow Energy Ltd (AOE.AX) has opened its books to Royal Dutch Shell (RDSa.L) and PetroChina (0857.HK) for them to conduct due diligence for their joint takeover offer worth at least A$3.3 billion ($3.03 billion) sources said on Wednesday.

Deals

One of the sources said Arrow is expected to make a response on the offer within days. ($1=1.088 Australian Dollar) (Reporting by Fayen Wong; Editing by Michael Perry)

Deals

No comments:

Post a Comment