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Hurricane rejects Central Asian bid.(Hurricane Hydrocarbons Ltd.)(Central Asian International Holdings N.V.)(Brief Article)
The board of Canada's Hurricane Hydrocarbons Ltd. said a potential offer by minority stakeholder Central Asian International Holdings NV does not constitute a formal bid under Canadian securities law. Central Asian already owns 30% of Hurricane and is offering C$10.25 a share, or C$189 million to …
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