Cnooc drops offer for Unocal, exposing U.S.-Chinese tensions
Article Abstract:
China National Offshore Oil Corp. has withdrawn its bid for the petroleum company Unocal Corp., revealing Sino-American diplomatic tensions and the struggle of Chinese companies as they learn to compete in the global economy. The withdrawal by China National Offshore Oil Corp. means the acquisition of Unocal Corp. will most likely be won by Chevron Corp.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Cnooc may be nearing decision on Unocal bid
Article Abstract:
China National Offshore Oil Corp., a state-owned petroleum company has prepared a bid to acquire Unocal Corp. of the United States. Acquisition concerns remain about United States energy policy and the nature of a state-run firm acquiring a private equity company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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AOL teams with Legend, gains entry to Chinese market
Article Abstract:
America Online Inc. (AOL) is introducing a China-based joint-venture with Legend Holdings Ltd. The joint-venture to develop interactive services for customers in China is valued at $200 million (236 million euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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