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CNOOC’s Takeover of Nexen Complete, Marking China’s Largest Overseas Acquisition
Feb. 27, 2013 08:44AM PST
Energy InvestingYahoo Finance reported that the $15.1 billion takeover of Nexen by Chinese firm CNOOC Ltd is complete.
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.
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