News Headline Summary

CNOOC (883 HK) says Nexen's ownership of US assets means Co.'s proposed purchase of Canada-based Co. needs approval from committee on Foreign Investment in the US, according to Xinhua citing unidentified CNOOC official

Co. says:

- Nexen deal resubmission in US is part of process.

29 Nov 2012 - 20:03 - - Source: Xinhua

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: