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Global Ambitions

Global Ambitions
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摘要 T he last hurdle for the Chinese offshore oil giant's takeover of Canadian oil and gas company Nexen has been removed at^erthe U.S. regulator approved the S15.1 billion acquisition of Nexen Inc. by the state-owned China National Offshore Oil Corp. (CNOOC) Ltd. on February 12. The deal is expected to close at the end of February. CNOOC is set to complete the country’s largest foreign takeover by acquiring Canada’s Nexen,but questions remain The last hurdle for the Chinese offshore oil gianf s takeover of Canadian oil and gas company Nexen has been removed after the U.S.regulator approved the $15.1 billion acquisition of Nexen Inc.by the state-owned China National Offshore Oil Corp.(CNOOC) Ltd. on February 12.The deal is expected to close at the end of February. CNOOC made a bid in cash of $27.5
作者 Zhou Xiaoyan
出处 《Beijing Review》 2013年第9期34-36,共3页 北京周报(英文版)
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