CNOOC, China's biggest oil and natural gas producer, has won approval to acquire the US assets of Nexen, its last regulatory challenge in the US$15.1 billion purchase of the Canadian energy company.
Calgary, Alberta-based Nexen said yesterday that the Committee on Foreign Investment in the United States had given the final green light needed for the acquisition.
via Business feed http://www.scmp.com/news/china/article/1149018/cnooc-jumps-last-hurdle-buy-nexen
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