NYSE:NXY.P.B - Post Discussion
Post by
mrbb on Nov 16, 2012 5:31pm
POP
(Reuters) --
Nexen Inc.'s shares jumped nearly 3% on Thursday after a report suggested Ottawa might speed up its decision on whether to allow a $15.1-billion takeover of the Canadian oil producer by China's state-owned
CNOOC Ltd. Rumor has it Investment Guidelines might come this weekend or next week. I think investors like to see a closure on this red tape run around and welcomed the news.
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