May 24, 2018 / 1:46 AM / a month ago

China's CCCC says has not received notification of Aecon deal rejection from Canada

SHANGHAI, May 24 (Reuters) - China Communications Construction Co (CCCC) has yet to receive documents from the Canadian government on its rejection of the Aecon Group deal, an official in the firm's investor relations team told Reuters.

Canada on Wednesday blocked a proposed takeover of the construction company by a CCCC unit. The CCCC official said that it will issue a statement once it receives the documents.

CCCC International Holding Ltd, the overseas investment and financing arm of China Communications, had offered to buy Aecon for C$1.51 billion ($1.18 billion) in October. (Reporting by SHANGHAI Newsroom and Brenda Goh; Editing by Kim Coghill)

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