China Continues To Buy Strategic Assets

By: Ian Campbell | Tue, Jul 24, 2012
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As you no doubt know, yesterday China National Offshore Oil Corporation made a $15 billion, 61% premium to market, bid for Nexen Inc. Nexen's portfolio includes:

Aside from the obvious, my comments are:

Topical References: CNOOC's Nexen bid an indication of how far goal posts have moved, from The Globe and Mail, Jeff Rubin, July 24, 2012 - reading time 3 minutes; and As China costs rise, technology lures factories home, from Reuters, Scott Malone and Ernest Scheyder, July 24, 2012 - reading time 3 minutes.



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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