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CNOOC Ltd.has recently agreed to pay US$15.1 billion in cash to acquire Nexen Inc,the Calgary-based oil and gas producer,in the biggest overseas acquisition by a Chinese company.Nexen’s board has recommended the deal to its shareholders.
CNOOC Ltd. has recently agreed to pay US $ 15.1 billion in cash to acquire Nexen Inc, the Calgary-based oil and gas producer, in the biggest overseas acquisition by a Chinese company. Nexen’s board has recommended the deal to its shareholders.