Unit 3 Growth of firms

Subject to necessary shareholder and regulatory approvals, the Company intends to demerge the Company's energy assets comprising the Company's interests in the Zijinshan Gas Project held through its wholly owned subsidiary Pacific Asia Petroleum...

US giant engineers takeover of SKM
The Australian
SKM's managing director, Santo Rizzuto, said yesterday the merger would strengthen the company's market position. "It uniquely positions us amongst our global peers," he said.

The story for investors has been much better over the past year, although assessing the relativities is getting increasingly complex during the current demerger process. Bizarrely, the demerger has taken place in Australia ...