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June 30, 2005
You are on the invidual archive page of Not for all the oil in China. Click Simon World weblog for the main page.
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Not for all the oil in China
Hemlock gets to the heart of the CNOOC/Unocal takeover: CNOOC wants to buy Unocal, and the Beijing-owned parent has obtained low-cost financing, courtesy of the Chinese taxpayer, to trump rival bidder Chevron. That’s not an even fight. But who’s subsidizing whom? Who wins and who loses? Other Reading Lots of other commentary on the attempted takeover, the geopolitics and what it all means... * How would you spend $700 billion?
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TrackBack URL for this entry: http://blog.mu.nu/cgi/trackback.cgi/96130 Send a manual trackback ping to this post. cnooc roundup Excerpt: Simon World offers a great roundup of blog opinion on CNOOC's bid for Unocal. The top-spot goes to this item from Hemlock.:From Chevron’s point of view, it’s not fair. But assuming CNOOC’s bid passes muster with regulatory and legal authorities, Weblog: asiapundit Tracked: June 30, 2005 10:26 PM |
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