CNOOC Completes Acquisition of Nexen for $15.1B

By: Benzinga
CNOOC (NYSE: CEO ) announced today that it has completed its acquisition of Nexen (NYSE: NXY ). Total consideration of approximately US$15.1 billion has been paid for Nexen's common and preferred shares. (Logo: http://www.prnasia.com/sa/200701301659.jpg ) Mr. Wang Yilin, Chairman of CNOOC Limited said, "The Company is delighted to
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