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Friday, 24 May 2013

Energy mergers frenzy takes a pause - temporarily

Lacking energy

The frenetic pace of oil and gas M&A slowed so far this year. Unraveling deals like Encana's tieup with PetroChina don't help. Uncertainty over the price of hydrocarbons is still the main culprit. But the global hunger for oil and gas means bankers won't be idle for long.

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