Another post from the Motley Fool board
by CaptainBlade.....
(I'm not sure if it has been posted here already)
Yesterday's Daily Fascist had a decent size piece headed
'Tullow could face a fight for Hardman'
'Oil explorer HDR could attract a rival Canadian bid after London based Tullow launched an £583m offer this week.
British rival Dana was preparing a takeover offer for the Australian group but withdrew from the running after it was out-gunned by Tullow.
Banking sources believe a North American independent such as EnCana or Nexen could yet launch into the fray. 'They have a lot of cash and are very aggressive' said one. What is more, Canadian regulations make overseas acquisitions tax effective adding to the incentive to the move.'
Wishful thinking maybe, but a bit of a bid war would go down well at CB Towers.
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