66.7 F
Los Angeles
Thursday, Feb 2, 2023
-Advertisement-

CNOOC Starts Talks With Unocal

CNOOC executives began selling the company’s $18.5 billion bid in meetings with takeover target Unocal Corp., urging directors to accept the cash offer and seeking to defuse political concerns.


In Beijing on Tuesday, the Chinese government made its first public comments on the bid, saying the offer should be considered as a normal business deal without political interference.


*

Read the full Reuters story

.

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-