Related News
CNOOC resubmits Nexen takeover bid
Source: Xinhua |
November 30, 2012, Friday
|
Print Edition
Print Edition
CHINA National Offshore Oil Corp has resubmitted its proposed takeover of Nexen to US regulators as part of the deal's approval process, the oil producer said yesterday.
It took this step after Canadian energy company Nexen Inc said on Tuesday that a joint voluntary notice with CNOOC had been withdrawn and a new application was submitted to the Committee on Foreign Investment in the United States.
The statement by Nexen said the withdrawal was made after talks with the committee.
Nexen has assets in the US, therefore the deal needs to get approval from US regulators, said a CNOOC official, who did not want to be identified.
The official declined to make further comment on the resubmission.
The Chinese oil giant said in July that it would acquire Nexen at US$27.50 per share. A review by the Canadian government has been extended to December 10.
The US$15 billion deal has already been endorsed by Nexen shareholders.
It took this step after Canadian energy company Nexen Inc said on Tuesday that a joint voluntary notice with CNOOC had been withdrawn and a new application was submitted to the Committee on Foreign Investment in the United States.
The statement by Nexen said the withdrawal was made after talks with the committee.
Nexen has assets in the US, therefore the deal needs to get approval from US regulators, said a CNOOC official, who did not want to be identified.
The official declined to make further comment on the resubmission.
The Chinese oil giant said in July that it would acquire Nexen at US$27.50 per share. A review by the Canadian government has been extended to December 10.
The US$15 billion deal has already been endorsed by Nexen shareholders.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
