GE HONEYWELL merger block by EU.
CNOOC = government branch, it is not just plain business transition, you have to worry are you allowing spying, environment pollution, corruption... even with capitalism principles it is not easy to welcome a known low trust worthy government put a foot into our country's energy business. Gain by cheating or lawless do not consider as sin there, unless one happen to be in the wrong political side of the wind. Look what happen to Google, Cat and the investor who bought those US listed company who have false accounting book? The safest way is require them to sell their US asset before merger.
not an expert but since nxy is a Canadian company its probably a done deal. Do you think its possible that the US could force the sale of US assets nxy holds before the deal is compelted? I dont see how US can interfere with the cnooc takeover. The Canadian ndp party accuses the conservative party in power of selling out Canadian resources.