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If Royal Dutch Shell (NYSE:RDS-B) or PetroChina want to successfully acquire Arrow Energy of Australia, they will probably have to increase the offer as high as 55 cents a share to land the company. That would bring the overall valuation of the company to $3.4...
Australia (Mar 12th, 10)
Arrow Energy (ASX:AOE) received bids from state-managed PetroChina and Royal Dutch Shell to be taken over by the energy giants. Based in Queensland, Australia, Arrow Energy produces coal and natural gas. Australia in general has been resistant to doing deals...
Business (Mar 8th, 10)