Middle East Economic Survey
PetroKazakhstan Negotiating Sale Or Merger
Canadas PetroKazakhstan on 27 June said it had received approaches from a number of different parties regarding a potential corporate transaction involving either an acquisition or a merger with the company. The Calgary-based company made the announcement in response to questions from the media about its current activities. PetroKazakhstan has a market capitalization of $2.5bn, but a sale...