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CNOOC (CEO) is confident that Canada will authorize its $15.1B acquisition of oil producer Nexen...
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Thursday, September 27, 2012, 6:11 AM ETCNOOC (CEO) is confident that Canada will authorize its $15.1B acquisition of oil producer Nexen (NXY) following talks with regional premiers in which none of them expressed concern about the deal, Reuters reports. While the premiers don't get a say-so, they are highly influential. Despite concerns about allowing a Chinese state-owned firm to buy a major Canadian company, analysts expect Stephen Harper to support the deal.
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