VOL. XL
No. 36
8-September-1997
SUDAN
IPC And Sands Petroleum Discuss Possible Merger; Speculation Arises On ArakisTakeover Bid
The Vancouver-based International Petroleum Corporation (IPC) and Sweden's SandsPetroleum AB - which is owned 31% by Adolf Lundin's interests including IPC - announced on31 August that their Boards of Directors were holding discussions on the possible mergerof the two firms. The IPC/Sands announcement described the merger as a business"combination" of their operations...
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