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JSW's $422m bid to buy CIC Energy fails

By : sustainabilityo..., Jun 1, 2011

 After eight months of hectic negotiations and due diligence, Indian power firm JSW Energy's plans to acquire Canadian coal miner CIC Energy Corp has failed. The $422 million proposed deal was called off on Tuesday after it failed to fructify within the required deadline of...

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Subject Tags: Business , CIC Energy Corp