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Stock Market & Financial Investment News

News Breaks
December 9, 2012
16:01 EDTNXY, CEOCanada approves proposed acquisition of Nexen by CNOOC
Nexen (NXY) announced that under the terms of the Investment Canada Act, the Honourable Christian Paradis, Minister of Industry, has approved the proposed acquisition of Nexen by CNOOC Limited (CEO). No further approvals are required in Canada. "This is an important milestone in the process and confirms our belief that this transaction provides a number of significant benefits to Canada and to Nexen," said Kevin Reinhart, Nexen's interim President and CEO. "We remain focused on working with CNOOC to bring this transaction to a close." The closing of the acquisition remains subject to the receipt of applicable government and regulatory approvals, and the satisfaction or waiver of the other customary closing conditions.
News For NXY;CEO From The Last 14 Days
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July 17, 2014
11:40 EDTCEOShell plans to end investment in Qatar natural gas project, WSJ reports
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July 10, 2014
14:56 EDTCEOCNOOC upgraded to Overweight from Neutral at JPMorgan

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