Whinger or investor rights campaigner? Views of China Gas depend on whether you are ENN Energy and Sinopec, its hostile suitors, or those it claims are affected by an “unreasonable” deal timetable (three months, no absolute offer, and counting). China’s first hostile bid by a state-owned enterprise for a domestic company has quickly adopted international dealmakers’ familiar PR gambits. But its Chinese element adds a new, untested dimension.
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