CNOOC Limited Enters Into Definitive Agreement to Acquire Nexen Inc.

Posted on 07/23/2012


According to the press release, “CNOOC Limited (SEHK: 00883, NYSE: CEO) and Nexen Inc. (TSX: NXY, NYSE: NXY) announced today that they have entered into a definitive agreement under which CNOOC Limited will acquire all of the outstanding common shares of Nexen for US$27.50 per share in cash. The purchase price represents a premium of […]

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