CNOOC’s Takeover of Nexen Complete, Marking China’s Largest Overseas Acquisition

Yahoo Finance reported that the $15.1 billion takeover of Nexen by Chinese firm CNOOC Ltd is complete.

As quoted in the market report:

CNOOC’s $15.1 billion takeover of Nexen, first announced last July, was completed on Monday, marking China’s largest-ever successful overseas acquisition.

To view the whole Yahoo Finance report, click here.