Niigata Global: CNOOC to buy Nexen for $15.1 Billion. - Free Article Directory | MASIFA

State controlled CNOOC hopes to woo shareholders and Canadian regulators, who must decide if its desire for overseas investment in its energy sector outweighs its security concerns, by offering a 61 percent premium on Nexen’s share price. A source close to the negotiations has hinted to Niigata Global that CNOOC plan no job losses and to make Canada its Western operational headquarters....