Joint ventures (JV) have given Chinese and Korean companies a toehold in U.S. shale gas plays while hardly raising an eyebrow among those who might oppose an outright corporate takeover of a U.S. energy company by such a foreign interest. However, it’s only a matter of time before such a deal happens, Deloitte LLP consultants said.
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Consultants: U.S. JVs Are a Foreign Investor ‘Stepping Stone’
Joint ventures (JV) have given Chinese and Korean companies a toehold in U.S. shale gas plays while hardly raising an eyebrow among those who might oppose an outright corporate takeover of a U.S. energy company by such a foreign interest. However, it’s only a matter of time before such a deal happens, Deloitte LLP consultants said.
March 31, 2011
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