Cnooc Slashes Funding Costs for Nexen as Banks Vie to Lend: China Credit

Oct 15, 2012 Full story: Bloomberg 6

Cnooc Ltd. , working to complete the biggest overseas takeover by a Chinese company, is slicing borrowing costs by 80 percent as it attracts international lenders seeking exposure to government-backed businesses.

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Sam

Toronto, Canada

#1 Oct 20, 2012
Filmalay

Philadelphia, PA

#2 Oct 21, 2012
China should not be allowed to buy Nexen as this company is strategically important to Canada and its people. Communist China tried it before, in the United States, to acquire Unocal, a U.S. company, but the U.S. argued that the foreign and particularly communist ownership of oil assets could represent a regional and economic security risk.
Filmalay

Anonymous Proxy

#3 Oct 21, 2012
No to Petronas which is owned by commie allied Federation of Malaya(11 states and retained the name Malaysia when Singapore ejected out of the supposed to be new nation Federation of Malaysia but now internally colonizing Sabah and Sarawak).

Petronas, and CNOOC, China owned oil company, is trying to buy Progress and Nexen, a Canadian Oil Company. But Canada turned down Petronas bid on Progress, stating that the sale would not provide the "net benefit" for the country required by Canada's foreign investment laws.

Petronas is known to be sucking out 95 % of Sabah's oil revenues and only 5% remains to the Sabah government, leaving the people in this area poor. Most of the money goes to peninsular Malaya to support the 11 states and Putraya.
AZN

Toronto, Canada

#4 Oct 21, 2012
Filmalay wrote:
China should not be allowed to buy Nexen as this company is strategically important to Canada and its people. Communist China tried it before, in the United States, to acquire Unocal, a U.S. company, but the U.S. argued that the foreign and particularly communist ownership of oil assets could represent a regional and economic security risk.
I hope the sale goes through.

So that I can have the pleasure of seeing another anti-China troll tear his hair out in dispair.
RESISTANCE IS FUTILE

Richmond, Canada

#5 Oct 22, 2012
I dont like Filipino apes... they are suck ups...

lazy and have low IQs
RESISTANCE IS FUTILE

Richmond, Canada

#6 Oct 22, 2012
type in the N word of the Asian world...

and Filipinos will be the ones named

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