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Steady as she goes
The rejection of the Petronas-Progress Energy Resources deal hasn't dampened CNOOC Ltd.'s expectations of its bid for Nexen Inc.
CNOOC CFO Zhong Hua told a conference call on Tuesday that he expects the Nexen deal to be completed within the year. He added that the state-owned enterprise has prepared for all possible outcomes of the bid.
Meanwhile, Albertans are increasingly wary of Chinese control of oil sands assets
Yelp's first deal
Yelp buys its European competitor Qype for $50-million.
Nike unloads Umbro
Nike said on Wednesday that it plans to sell its Umbro soccer brand to the Iconix Brand Group for $225-million (U.S.) in an effort to slim down its product offerings.
Are hedge funds ever expensive?
Like realtors, hedge fund proponents would have you believe it's ALWAYS a good time to invest.
The next generation of pre-IPO financing?
Buyout firms have a new strategy for reducing portfolio company debt.