M&A boost likely in 2010
China Daily | Updated: 2009-12-24 08:06
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A flag flies outside the headquarters of XTO Energy Inc in Fort Worth, Texas. Exxon's $30 billion deal for XTO may augur more takeovers by oil and gas producers. Bloomberg News |
NEW YORK: Energy and financial-services companies may lead a rebound in takeovers in 2010 after the value of acquisitions worldwide dropped 34 percent this year, according to a Bloomberg survey.
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