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News Breaks | | | | October 11, 2012 | | 09:27 EDT |  | NXY, CEO | Canada extends review of Nexen takeover by 30 days
Christian Paradis, Canada's Minister of Industry, confirmed in a statement that the review period for CNOOC's (CEO) proposed acquisition of Nexen (NXY) under the Investment Canada Act has been extended by 30 days. Paradis added, "Extensions to the review period are not unusual. In general terms, the Act provides an initial 45 days for the review, which can be extended for an additional 30 days. The review period may be extended again, with the consent of the investor. A decision can be made at any time within this period." | |
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News For NXY;CEO From The Last 14 Days Check below for free stories on NXY;CEO the last two weeks. |
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| June 9, 2013 | | 12:18 EDT |  | CEO | CNOOC makes a play for Arctic oil, FT says
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