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CNOOC 'Networked Strongly' with Regulators, Paving Way for Nexen Deal

July 24, 2012

The memory of  its failed 2005 bid for Unocal still fresh, China's state-controlled CNOOC Ltd. has put lessons learned into practice and "networked strongly" with regulators in Canada and the U.S., smoothing the way for its $15.1 billion all-cash deal to  buy Canadian oil producer Nexen Inc.

Source: http://www.cnbc.com/id/48296409?__source=RSS*tag*&par=RSS
 
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