Political Risk

Spy agency warns of foreign takeover dangers as Nexen shareholders give OK

“The same day shareholders of a Calgary-based energy company agreed to a takeover bid by a state firm from China, Canada’s spy agency is warning such purchases can pose a threat to national security.
In its latest annual report, the Canadian Security Intelligence Service says the majority of foreign investment in Canada is carried out in an open and transparent manner.”

Source: Spy agency warns of foreign takeover dangers as Nexen shareholders give OK – Winnipeg Free Press

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