Canada Said to Approve Cnooc Takeover of Nexen

Canada’s government has approved Cnooc Ltd. (883)’s $15.1 billion takeover of Nexen Inc. (NXY), said a person familiar with the deal, who asked not to be identified because the matter is not yet public.

To contact the reporter on this story: Theophilos Argitis in Ottawa at targitis@bloomberg.net

To contact the editor responsible for this story: Chris Fournier at cfournier3@bloomberg.net

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