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Petronas proposes a public offering of shares in Progress Energy Resources (PRQNF.PK) within...

Petronas proposes a public offering of shares in Progress Energy Resources (PRQNF.PK) within five years as a concession to Canada’s government, as it seeks approval for its $5.2B takeover try. Making Progress shares available to Canadian investors also would give the country regulatory oversight over the company.
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