More Cable-corrosive M&A talk
By Jamie Coleman || March 10, 2010 at 21:19 GMT
|| 3 comments || Add comment
The WSJ reports BP may buy $5 bln in oil assets from US oil company Devon Energy. UK companies have been buying Up US assets despite the weak pound of late, an unusual state of play. Normally firms take advantage of currency strength to aid acquisitions.

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Can i ask what does M&A stand for
Mergers and acquisitions
what could be the reason for this?