Aecon takeover by Chinese firm delayed for national security review

Review under Canada Investment Act is one of last hurdles for the deal


By -- CBC—— Bio and Archives--February 12, 2018

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The $1.5-billion takeover of Canadian construction company Aecon Group Inc. by a division of a Chinese state-owned company has been pushed back, because the federal government is conducting a national security review of the deal. Aecon announced the delay Monday, prior to the opening of stock markets. -- More...
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