CNOOC, Nexen pull and resubmit US deal application
CALGARY, Alberta Nov 27 (Reuters) - China's state-owned CNOOC Ltd and its Canadian takeover target Nexen Inc said on Tuesday they withdrew and resubmitted their application for U.S. approval of their $15.1 billion deal, as Canada gets close to a crucial decision on whether to approve the transaction.
The energy companies said discussions with the Committee on Foreign Investment in the United States are still going on, "with a view to completing the CFIUS review process as expeditiously as possible."
They did not provide a reason for the move.
- North Korea says Kim's powerful uncle dismissed for 'criminal acts'
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Thai PM calls snap election, protesters press on
- Singapore hit by rare outbreak of rioting, 27 arrested |
- Billy Joel, Shirley MacLaine feted at Kennedy Center Honors