Gibson Energy (TSE:GEI) rejects foreign takeover

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Company reportedly rejected a $2.8-billion takeover from a Singapore-based private equity firm

Calgary-based Gibson Energy (TSE:GEI) has confirmed it received an unsolicited acquisition proposal from overseas but that it is not interested in selling.

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It follows a story published in the Financial Post Wednesday reporting that directors rejected a $2.8-billion takeover from a Singapore-based private equity firm.

Read the full article at: ca.finance.yahoo.com

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