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Analysts still believe Cnooc's (CEO) deal for Nexen (NXY) will go through, Bloomberg reports,...

Analysts still believe Cnooc's (CEO) deal for Nexen (NXY) will go through, Bloomberg reports, even as the Canadian government reminds foreign acquirers of its power to quash takeovers. “Canada has the resources and needs money, plus the prime minister's focus on China as "Canada’s next energy market" equals optimism that the deal gets done.
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  • bob adamson
    , contributor
    Comments (4562) | Send Message
     
    Interestingly the Canadian Government recently extended the deadline for its decision on Cnooc's (CEO) deal for Nexen (NXY) until after the US election.
    1 Nov 2012, 07:53 PM Reply Like
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