CNOOC Buys Alberta's Nexen for $15.1 billion
On July 20, 2012 Chinese oil corporation CNOOC closed a deal to buy Alberta's Nexen priced at $15.1 billion. This is the largest oversea's purchase by a Chinese company and signals Canada's openness to foriegn investment in the country.
CNOOC closed a deal to buy Alberta's Nexen priced at $15.1 billion. This is the largest oversea's purchase by a Chinese company and signals Canada's openness to foriegn investment in the country.
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