Federal government blocks sale of Aecon Group Inc. to Chinese interests
The federal government has blocked the sale of Canadian construction company Aecon Group Inc. to Chinese interests, the office of Innovation Minister Navdeep Bains has confirmed to CBC News.
The controversial deal between construction company Aecon and Chinese state-owned company CCCI, would have been worth $1.5 billion.
The news was first reported by forexlive.com and BNN Bloomberg earlier today.
More to come ...