News and analysis on global M&A and corporate financing strategies

Finance / China

Steel's Where The Action Is

August 2008 | Closing Bell
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Oil prices may have dropped by 20% over recent weeks, but the corporate spending spree has continued apace, with M&A activity in the energy sector still robust. Companies involved in areas like oil field services, which are effectively one step removed from short-term drops in the price of oil, are continuing to flourish.