Oh dear! Could this put the cat among the pigeons? Where will they go now?
Could be why we are up 4p?
From the New York Times >
Cnooc Ltd. is planning to announce this morning that it is abandoning its bid for Unocal, executives close to the company told The New York Times. A statement is expected to released before the markets open. The move ends a politically charged fight in Washington that threatened United States-Chinese relations. Chevron's agreement to buy Unocal for about $17 billion will now be put to an uncontested shareholder vote on August 10.
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- oh cnooc, it's on the way?
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hardman resources limited
oh cnooc, it's on the way?
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