The Canadian government’s deadline for reviewing the proposed $6B takeover of Progress Energy...

|About: Progress Energy Res (PRQNF)|By:, SA News Editor

The Canadian government’s deadline for reviewing the proposed $6B takeover of Progress Energy Resources (PRQNF.PK) by Malaysia’s Petronas ends today. Observers will be looking for signals about the government’s thinking on Chinese firm Cnooc’s (CEO) much larger - and much more controversial - deal to buy Nexen (NXY).