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Suncor to buy Petro-Canada for $15 billion (Reuters)

Started by riky, March 23, 2009, 06:02:13 PM

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riky

Suncor to buy Petro-Canada for $15 billion
    (Reuters)

 



Reuters - Suncor Energy Inc said on Monday it will buy rival Petro-Canada to create Canada's biggest oil company, dominant in the Alberta oil sands and able to slash costs as it looks to weather a period of low oil prices.


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