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Case
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Reference no. 9B06M013
Published by: Ivey Publishing
Originally published in: 2005
Version: 2011-10-26
Revision date: 16-Nov-2011
Length: 16 pages
Data source: Published sources

Abstract

The proposed takeover of Noranda Inc (one of the biggest mineral players in the world) by the Chinese state owned enterprise, China Minmetals Corporation, was cause for Canadian government concern as it required some understanding about the workings and objectives of state owned enterprises. There was particular concern around the labour issues and human rights violations in China, and the possible impact of these on the proposed takeover. Equally important, Canada ran a substantial risk of sending the wrong message to the People's Republic of China if it was to block such a takeover, and in some respects, to be seen as shutting its doors to one of the world's largest and most powerful emerging economies.
Location:
Industry:
Size:
Large
Other setting(s):
2004

About

Abstract

The proposed takeover of Noranda Inc (one of the biggest mineral players in the world) by the Chinese state owned enterprise, China Minmetals Corporation, was cause for Canadian government concern as it required some understanding about the workings and objectives of state owned enterprises. There was particular concern around the labour issues and human rights violations in China, and the possible impact of these on the proposed takeover. Equally important, Canada ran a substantial risk of sending the wrong message to the People's Republic of China if it was to block such a takeover, and in some respects, to be seen as shutting its doors to one of the world's largest and most powerful emerging economies.

Settings

Location:
Industry:
Size:
Large
Other setting(s):
2004

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