02-12-2013, 07:43 AM
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#105
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Franchise Player
Join Date: Oct 2001
Location: Behind Nikkor Glass
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Quote:
CALGARY - A U.S. agency has given the final approval required for the acquisition of Calgary-based Nexen Inc. (TSX:NXY) by CNOOC, one of China's largest energy companies.
The US$15.1-billion friendly takeover had broad implications in Canada and elsewhere, due to Nexen's extensive holdings in Alberta's oilsands, Gulf of Mexico and the North Sea.
Nexen says the Committee on Foreign Investment in the United States has now given its approval, clearing the way to close the deal in the week of Feb. 25.
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http://www.huffingtonpost.ca/2013/02...n_2668789.html
Last edited by Regulator75; 02-12-2013 at 07:45 AM.
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