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VBgood

10/30/13 10:44 AM

#22544 RE: pilk111 #22539

My question is why would government prevent the sale?

Pilk, allow me to share how I feel.
If you read Mjk post #22538 you can see how locals view this company and majority of Panama people are sharing their view..
It is not that government would prevent the sale,
but hostile take-over will never occur.
Too many influence people involved with Petaquilla , so for FQ to take over PTQ - all those people have to be satisfy with the terms, last thing Pascal wants to ticked-off Panama large shareholders = upper-echelon = government.
But knowing how Pascal operates in Africa, I can assure you - that is not going to happen.