Shell, PetroChina JV Gets Regulatory OK For Bow Energy Takeover
16 Dezember 2011 - 7:46AM
Dow Jones News
Royal Dutch Shell PLC (RDSB) and PetroChina Co.'s (PTR)
Australian joint venture has secured approval from Australia's
foreign investment watchdog and Chinese regulators for its A$535
million offer for Bow Energy Ltd. (BOW.AU).
Bow shareholders will now vote on Wednesday whether to approve
the company's acquisition by Arrow Energy Holdings Pty, which Shell
and PetroChina jointly acquired more than a year ago.
-By David Winning, Dow Jones Newswires; +61-2-82724688;
david.winning@dowjones.com
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