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Canada approves Nexen and Progress Energy bids

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Sat, 08 Dec 12 3:39 AM | 374 view(s)
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Canada approves Nexen and Progress Energy bids

Michael Erman and David Ljunggren

NEW YORK/OTTAWA
Fri Dec 7, 2012 5:31pm EST

(Reuters) - Canadian authorities approved the acquisition of Nexen Inc by CNOOC Ltd and the purchase of Progress Energy by Petronas, easing months of anxiety over the fate of foreign investments in Canadian resources.

link-
http://www.reuters.com/article/2012/12/07/us-cnooc-nexen-idUSBRE8B619M20121207




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