Russ Campbell’s Blog: The Tories Should Nix Takeover of Energy Company Nexen by China’s CNOOC
Politics
Canada • September 2012 • Views: 1,019
The proposed takeover of Nexen Inc. by China’s CNOOC Ltd. should not be allowed to proceed. While the $15-billion offer by China’s National Offshore Oil Company to buy Calgary-based oil producer Nexen must seem overwhelmingly tempting to shareholders of Nexen, I do not believe it’s in Canada’s best long-term national interests.
Personally, I don’t trust the Chinese government.… more here, Russ Campbell’s Blog: The Tories Should Nix Takeover of Energy Company Nexen by China’s CNOOC.