China's Cnooc To Buy Canada's Nexen For $15.1 Billion

HONG KONG (Reuters) - China's top offshore oil producer CNOOC Ltd has entered into an agreement to buy Canada's Nexen Inc for about $15.1 billion, the Chinese company said on Monday.

Sections:  world   
Topics:  acquisition   asia   billion   china   cnooc ltd   energy   nexen inc   oil   
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