China Corporate News: CNOOC to Take Over Canada's Nexen; Baidu Q2 Profit Surges on Strong Ad Sales

Jul 24, 2012 | Posted by: thechinaperspective | Full story: www.thechinaperspective.com

CNOOC to Take Over Canada's Nexen CNOOC Ltd , China's biggest offshore energy explorer, agreed to pay $15.1 billion in cash to acquire Canada's Nexen Inc in the biggest overseas takeover by a Chinese company, Bloomberg reported.

Comments
1 - 3 of 3 Comments Last updated Jul 27, 2012
RESISTANCE IS FUTILE

Delta, Canada

#1 Jul 27, 2012
GO CHINA

gooooo

Since: Aug 08

Shanghai, China

#2 Jul 27, 2012
RESISTANCE IS FUTILE wrote:
GO CHINA
gooooo
Good news for mirotard, he will probably bang its head against his trailor and cry its heart out, hahahahaha, CCP rule! Not only they didn't collapse, but they are buying up this Canadian company so they can lay Mirotard off, hahahaha
OVERTHROW the CCP PIGS

Canada

#3 Jul 27, 2012
This deal will not be approved as we do not want a CCP STATE-OWNED company buying Canadian assets of this importance while Canadian companies are not allowed to own such assets in China.

Just watch.

It is only an offer and the deal will never close.

But, after the CCP regime collapses, which should be very soon, we can have normal economic relations and then this will be do-able!

HOORAY FOR FREE CHINA!

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