AUSTRALIA

QGC not a takeover target: Cottee

QUEENSLAND Gas Company is unlikely to become a takeover target for BG Group if the UK gas major's bid for Origin Energy fails, according to QGC managing director Richard Cottee.

Cottee told ABC TV's Inside Business that QGC was giving BG what it needed without a takeover. Indeed, it was the strategic alliance with QGC that gave BG the "comfort" it needed before pursuing a hostile...

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