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Canada Government Blocks Chinese Takeover of Aecon Group

Canada Government Blocks Chinese Takeover of Aecon Group

(Bloomberg) -- Government cites security concerns as basis for rejection.

  • China’s CCCC had offered C$1.19 billion for Aecon
  • Innovation Minister Navdeep Bains issues statement on Canada’s decision

To contact the reporter on this story: Edward Dufner in Dallas at edufner@bloomberg.net

To contact the editor responsible for this story: Julie Alnwick at jalnwick@bloomberg.net

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