The Canadian Press

2012-07-23 | Nexen Harper

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An announcement July 23rd said Canadian oil giant Nexen was being acquired by China National Offshore Oil Company in a 15-billion-dollar cash deal that, if approved, would be China's largest ever overseas acquisition. Prime Minister Harper stressed that under the law, the deal would have to be of net benefit to Canada.

Date: 2012-07-23
Placeline: OSHAWA, Ontario.
Source: The Canadian Press
Length: 16 seconds

Transcript Prediction: << the government will make sure that investment is clearly scrutinized to ensure that it is of no benefit if it is approved and nothing should be assumed in terms of the government's decision one way or the other on that transaction >>


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