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Finance / Australia

Arrow Close To Hitting Target On Bow Takeover

October 2011 | Corporate Financing Analysis

CFW View: With PetroChina and Shell hoping to shore up gas reserves for their Arrow LNG project, we expect their proposed takeover bid for Bow Energy to be successful. The deal will be accretive for both companies as it will also offer Bow a route to market. We expect this to be reflected in the target's share

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