Texas fears losing oil-rich lands in Chinese takeover of weakened energy companies
International practice co-leader Malcolm McNeil was recently quoted in a FOXBusiness article that discusses the recent plunging oil prices that have devastated Texas oil companies.
As a result oil companies are struggling to avoid bankruptcies, making them perfect takeover targets for rivals from China and elsewhere.
“China and other countries are already ‘starting to look for deals,’” said Malcolm. To read the article, click here.
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