Summary
SHAREHOLDERS in Dana Petroleum provided overwhelming backing for the biggest acquisition it has made to date, in a move that may strengthen directors' hands in negotiations with a Korean suitor for the company.
At a general meeting called to consider the pound(s)270 million acquisition of Petro-Canada Netherlands from Suncor, 99.88% of the 44.1 million votes cast supported the deal.See the full content of this document
Extract
Dana Launches Power Play Ahead of Fresh Korean Talks
Only 53,343 votes were cast against the proposed deal while 453,349 were wit...
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