Following from my post yesterday on the Total bid for UTS, the CEO of the largest UTS shareholder has said there’s no way he’ll support Total SA’s takeover bid “because it’s too low and doesn’t ascribe any value to the company’s share of the oil at the Fort Hills project in Alberta” – see full story here.

I suspect, as posted yesterday, that this is just the first of a flurry of comments and activity with respect to Total’s bid.  I consider the outcome of this bid process important and will continue to add posts under a new Blog Category ‘Total/UTS’ – stay tuned.

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