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CNOOC Ltd Sees Nexen Deal Close In First Quarter At Earliest-Reuters


Friday, 28 Dec 2012 12:06am EST 

Reuters reported that CNOOC Ltd said it expects its $15.1 billion takeover of Canadian oil and gas producer Nexen Inc to close in the first quarter of 2013 at the earliest, a move that could be aimed at giving U.S. regulators more time to approve a sensitive aspect of the deal. 

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