Monday December 10 2012

News Source: Global Disclosures

Focus: Foreign Investment

Type: General

Country: Canada




The Minister of Industry has approved the acquisition by Chinese state-owned CNOOC of Nexen and the acquisition by Malaysian state-owned Petronas of Progress. Both acquiaitions were deemed to be of net benefit to Canada.

Click here for the CNOOC decision.

Click here for the Petronas decision.