Canada's Harper Mulls Nexen Takeover by China's CNOOC
Canadian Prime Minister Stephen Harper is evaluating a bid that would have the country's Nexen, Inc. oil company bought by Chinese state-owned company CNOOC (cuh-nuhk). The $15.1 billion takeover would be a big milestone for Beijing, looking to tap Canada's vast supply of oil found in sand. Prime Minister Harper says this takeover is different to most because it involves a state-owned enterprise, and his government would need to see if the deal would be enough of a benefit for Canada. There's also a policy framework that's being drawn up to evaluate the move. Mr. Harper has acknowledged that Canadians may not be enthusiastic about the possible deal, but said it's an opportunity for China to prove it can (quote) "play by the same rules" as Canadians. For more news and videos visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on Facebook ☛ on.fb.me
If you want to add your voice and contribute to this existing news event, use the event code
(Event Code: @13102671), that you will find on each news event page, as the first word of the
SMS or MMS message followed by a space then add your contribution (text, image or video). For example:
@13102671 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia.
The first word of the message should be @13102671 (event code), to make sure the system attaches
your voice to the right news event.