Acquisitions and refinancing top the agenda

China is going through a boom in offshore acquisitions. CNOOC's US$15.1 billion purchase of Calgary-based Nexen, which does oil drilling and tar sand extraction, defined the trend. This was the first major offshore deal by a mainland energy firm.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1392713/acquisitions-and-refinancing-top-agenda